Reckitt Benckiser Group Plc Given “Hold” Rating at Commerzbank AG (RB)
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “hold” rating reiterated by research analysts at Commerzbank AG in a report released on Thursday. They currently have a GBX 5,100 ($84.63) target price on the stock. Commerzbank AG’s price target points to a potential downside of 5.03% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Reckitt Benckiser Group Plc in a research note on Wednesday. They now have a GBX 4,500 ($74.68) price target on the stock. Separately, analysts at AlphaValue reiterated a “sell” rating on shares of Reckitt Benckiser Group Plc in a research note on Tuesday. They now have a GBX 4,467 ($74.13) price target on the stock. Finally, 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. Five investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 4,975.33 ($82.56).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 5375.00 on Thursday. Reckitt Benckiser Group Plc has a 52 week low of GBX 4225.00 and a 52 week high of GBX 5365.00. The stock has a 50-day moving average of GBX 5179.04 and a 200-day moving average of GBX 5025.. The company’s market cap is £38.865 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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