Reckitt Benckiser Group Plc’s (RB) “Buy” Rating Reaffirmed at Liberum Capital
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a report issued on Monday. They presently have a GBX 8,400 ($109.65) price target on the stock. Liberum Capital’s price objective would indicate a potential upside of 15.54% from the company’s current price.
RB has been the subject of several other research reports. BNP Paribas set a GBX 7,800 ($101.81) target price on Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a research note on Wednesday, September 7th. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 7,950 ($103.77) target price on shares of Reckitt Benckiser Group Plc in a research note on Monday, July 25th. Sanford C. Bernstein set a GBX 8,750 ($114.21) target price on Reckitt Benckiser Group Plc and gave the stock a “buy” rating in a research note on Monday, August 22nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Reckitt Benckiser Group Plc in a research note on Monday, June 13th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Reckitt Benckiser Group Plc in a research note on Friday, July 29th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 7,637 ($99.69).
Reckitt Benckiser Group Plc (LON:RB) opened at 7266.00 on Monday. Reckitt Benckiser Group Plc has a 52 week low of GBX 5,839.08 and a 52 week high of GBX 7,786.00. The stock’s market capitalization is GBX 51.23 billion. The company’s 50-day moving average price is GBX 7,294.78 and its 200 day moving average price is GBX 7,092.07.
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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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