AlphaValue Reaffirms Sell Rating for Reckitt Benckiser Group Plc (RB)
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “sell” rating reissued by analysts at AlphaValue in a research report issued to clients and investors on Tuesday. They currently have a GBX 4,467 ($74.13) target price on the stock. AlphaValue’s target price would suggest a potential downside of 15.95% from the stock’s previous close.
A number of other analysts have also recently weighed in on RB. Analysts at RBC Capital reiterated a “sector performer” rating on shares of Reckitt Benckiser Group Plc in a research note on Wednesday, August 27th. They now have a GBX 5,200 ($86.29) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, August 26th. They now have a GBX 5,000 ($82.97) price target on the stock. Five equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the stock. Reckitt Benckiser Group Plc presently has an average rating of “Hold” and an average target price of GBX 4,956.29 ($82.25).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 5330.00 on Tuesday. Reckitt Benckiser Group Plc has a one year low of GBX 4225.00 and a one year high of GBX 5350.00. The stock has a 50-day moving average of GBX 5166.10 and a 200-day moving average of GBX 5019.64. The company’s market cap is £38.540 billion.
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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