Reckitt Benckiser Group Plc (RB) Stock Rating Reaffirmed by Kepler Capital Markets
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating restated by analysts at Kepler Capital Markets in a research report issued to clients and investors on Friday.
A number of other brokerages have also recently commented on RB. Numis Securities Ltd restated a “hold” rating and set a GBX 7,720 ($95.54) target price on shares of Reckitt Benckiser Group Plc in a report on Thursday, August 4th. Commerzbank AG set a GBX 8,500 ($105.20) target price on Reckitt Benckiser Group Plc and gave the company a “buy” rating in a report on Thursday, July 21st. JPMorgan Chase & Co. restated a “neutral” rating on shares of Reckitt Benckiser Group Plc in a report on Tuesday, July 12th. Goldman Sachs Group Inc. set a GBX 7,170 ($88.74) target price on Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a report on Monday, August 1st. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 7,500 ($92.82) price target on shares of Reckitt Benckiser Group Plc in a research report on Wednesday, August 24th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 7,639.08 ($94.54).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7333.00 on Friday. The stock’s market cap is GBX 51.70 billion. Reckitt Benckiser Group Plc has a 12 month low of GBX 5,839.08 and a 12 month high of GBX 7,786.00. The company has a 50-day moving average price of GBX 7,284.06 and a 200-day moving average price of GBX 7,108.52.
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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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