Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Receives Consensus Recommendation of “Buy” from Brokerages
Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has received an average rating of “Buy” from the twelve research firms that are currently covering the firm. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $4,155.75.
A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. restated a “neutral” rating on shares of Reckitt Benckiser Group PLC in a report on Thursday, September 22nd. BNP Paribas cut Reckitt Benckiser Group PLC from an “outperform” rating to a “neutral” rating in a research note on Wednesday, September 7th. Citigroup Inc. initiated coverage on Reckitt Benckiser Group PLC in a research note on Thursday, September 1st. They issued a “buy” rating for the company. Credit Suisse Group AG cut their price target on Reckitt Benckiser Group PLC from $6,500.00 to $6,100.00 and set an “outperform” rating for the company in a research note on Thursday, August 25th. Finally, Zacks Investment Research upgraded 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 research note on Wednesday, August 10th.
Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) opened at 19.17 on Tuesday. Reckitt Benckiser Group PLC has a 12 month low of $17.03 and a 12 month high of $20.70. The company has a market capitalization of $67.58 billion, a price-to-earnings ratio of 33.77 and a beta of 0.89. The firm has a 50-day moving average price of $19.52 and a 200-day moving average price of $19.73.
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).
Receive News & Stock Ratings for Reckitt Benckiser Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reckitt Benckiser Group PLC and related stocks with our FREE daily email newsletter.