Reckitt Benckiser Group Plc (RB) Stock Rating Reaffirmed by Barclays PLC
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “equal weight” rating reaffirmed by Barclays PLC in a note issued to investors on Friday. They presently have a GBX 7,200 ($93.98) target price on the stock. Barclays PLC’s price target indicates a potential downside of 0.19% from the stock’s previous close.
A number of other analysts have also recently commented on the company. JPMorgan Chase & Co. restated a “neutral” rating on shares of Reckitt Benckiser Group Plc in a research report on Tuesday. Liberum Capital restated a “buy” rating and issued a GBX 8,400 ($109.65) price target on shares of Reckitt Benckiser Group Plc in a research report on Friday, September 30th. Societe Generale restated a “buy” rating on shares of Reckitt Benckiser Group Plc in a research report on Friday, September 9th. Royal Bank Of Canada restated a “sector performer” rating and issued a GBX 7,400 ($96.59) price target on shares of Reckitt Benckiser Group Plc in a research report on Friday, September 9th. Finally, BNP Paribas set a GBX 7,800 ($101.81) price target on Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a research report on Wednesday, September 7th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have issued a buy rating to the company. Reckitt Benckiser Group Plc has an average rating of “Hold” and a consensus target price of GBX 7,637 ($99.69).
Reckitt Benckiser Group Plc (LON:RB) traded up 0.78% during mid-day trading on Friday, reaching GBX 7270.00. The company had a trading volume of 1,950,071 shares. Reckitt Benckiser Group Plc has a 1-year low of GBX 5,839.08 and a 1-year high of GBX 7,786.00. The firm has a 50-day moving average of GBX 7,290.89 and a 200 day moving average of GBX 7,089.67. The company’s market capitalization is GBX 51.26 billion.
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About Reckitt Benckiser Group Plc
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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