Reckitt Benckiser Group Plc (RB) Stock Rating Reaffirmed by Liberum Capital
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a research report issued to clients and investors on Friday. They currently have a GBX 8,400 ($109.65) target price on the stock. Liberum Capital’s price objective suggests a potential upside of 16.59% from the company’s previous close.
RB has been the topic of several other reports. Societe Generale reaffirmed a “buy” rating on shares of Reckitt Benckiser Group Plc in a report on Friday, September 9th. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 7,100 ($92.68) price objective on shares of Reckitt Benckiser Group Plc in a report on Wednesday, September 14th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 7,500 ($97.90) price objective on shares of Reckitt Benckiser Group Plc in a report on Wednesday, August 24th. Royal Bank Of Canada reaffirmed a “sector performer” rating and set a GBX 7,400 ($96.59) price objective on shares of Reckitt Benckiser Group Plc in a report on Friday, September 9th. Finally, BNP Paribas set a GBX 7,800 ($101.81) price objective on Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a report on Wednesday, September 7th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Reckitt Benckiser Group Plc has a consensus rating of “Hold” and an average target price of GBX 7,631.58 ($99.62).
Reckitt Benckiser Group Plc (LON:RB) opened at 7188.00 on Friday. Reckitt Benckiser Group Plc has a 12 month low of GBX 5,788.00 and a 12 month high of GBX 7,786.00. The firm’s 50-day moving average price is GBX 7,331.28 and its 200 day moving average price is GBX 7,065.83. The stock’s market cap is GBX 50.68 billion.
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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