Reckitt Benckiser Group Plc (RB) Receives “Neutral” Rating from JPMorgan Chase & Co.
Other equities analysts have also issued reports about the company. Barclays PLC upgraded Reckitt Benckiser Group Plc to an equal weight rating and boosted their price objective for the company from GBX 5,900 ($77.01) to GBX 7,100 ($92.68) in a research report on Friday, July 8th. Citigroup Inc. set a GBX 8,650 ($112.91) price objective on Reckitt Benckiser Group Plc and gave the company a buy rating in a research report on Wednesday, August 31st. Numis Securities Ltd reiterated a hold rating and issued a GBX 7,720 ($100.77) price objective on shares of Reckitt Benckiser Group Plc in a research report on Monday, July 18th. Deutsche Bank AG reiterated a buy rating and issued a GBX 7,500 ($97.90) price objective on shares of Reckitt Benckiser Group Plc in a research report on Monday, August 1st. Finally, Liberum Capital reiterated a buy rating and issued a GBX 8,400 ($109.65) price objective on shares of Reckitt Benckiser Group Plc in a research report on Monday, July 11th. Two 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 stock. The company presently has an average rating of Hold and an average target price of GBX 7,631.58 ($99.62).
Reckitt Benckiser Group Plc (LON:RB) opened at 7291.00 on Tuesday. The firm has a 50 day moving average of GBX 7,315.06 and a 200 day moving average of GBX 7,082.99. The firm’s market capitalization is GBX 51.41 billion. Reckitt Benckiser Group Plc has a one year low of GBX 5,839.08 and a one year high of GBX 7,786.00.
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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