Reckitt Benckiser Group PLC’s (RBGLY) Neutral Rating Reiterated at JPMorgan Chase & Co.
Reckitt Benckiser Group PLC (OTCMKTS:RBGLY)‘s stock had its “neutral” rating restated by research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday.
Several other research analysts also recently commented on the stock. BNP Paribas downgraded shares of Reckitt Benckiser Group PLC from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 7th. Zacks Investment Research raised shares of Reckitt Benckiser Group PLC from a “hold” rating to a “strong-buy” rating and set a $23.00 price target for the company in a report on Wednesday, August 10th. Macquarie started coverage on shares of Reckitt Benckiser Group PLC in a report on Thursday, June 30th. They issued an “outperform” rating for the company. Credit Suisse Group AG cut their price target on shares of Reckitt Benckiser Group PLC from $6,500.00 to $6,100.00 and set an “outperform” rating for the company in a report on Thursday, August 25th. Finally, Citigroup Inc. started coverage on shares of Reckitt Benckiser Group PLC in a report on Thursday, September 1st. They issued a “buy” rating for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $4,155.75.
Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) traded up 1.553% during mid-day trading on Thursday, reaching $19.285. The company had a trading volume of 22,672 shares. The firm has a 50-day moving average price of $19.66 and a 200 day moving average price of $19.73. Reckitt Benckiser Group PLC has a 12-month low of $17.03 and a 12-month high of $20.70. The firm has a market capitalization of $67.99 billion, a price-to-earnings ratio of 33.354 and a beta of 0.89.
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Reckitt Benckiser Group PLC Company Profile
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).
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