Reckitt Benckiser Group Plc Rating Reiterated by RBC Capital (RB)
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “sector performer” rating reaffirmed by equities researchers at RBC Capital in a research report issued on Wednesday. They currently have a GBX 5,200 ($86.05) price objective on the stock. RBC Capital’s price target points to a potential downside of 0.19% from the stock’s previous close.
Reckitt Benckiser Group Plc (LON:RB) opened at 5215.00 on Wednesday. Reckitt Benckiser Group Plc has a 1-year low of GBX 4225.00 and a 1-year high of GBX 5350.00. The stock has a 50-day moving average of GBX 5139.29 and a 200-day moving average of GBX 5007.58. The company’s market cap is £37.709 billion.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of Reckitt Benckiser Group Plc in a research note on Tuesday. They now have a GBX 5,000 ($82.74) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Reckitt Benckiser Group Plc in a research note on Monday, August 11th. They now have a GBX 4,500 ($74.47) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Reckitt Benckiser Group Plc in a research note on Monday, August 4th. They now have a GBX 5,450 ($90.19) price target on the stock. Five research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the company’s stock. Reckitt Benckiser Group Plc has a consensus rating of “Hold” and a consensus target price of GBX 4,945.24 ($81.83).
Reckitt Benckiser Group Plc is manufacturer and marketer of branded products in household, health and personal care, selling a range through over 60 operating companies into nearly 200 countries.
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