Liberum Capital Reaffirms “Buy” Rating for Reckitt Benckiser Group Plc (RB)
Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating reaffirmed by stock analysts at Liberum Capital in a report issued on Monday. They presently have a GBX 8,400 ($109.65) target price on the stock. Liberum Capital’s price target would suggest a potential upside of 15.54% from the company’s current price.
A number of other analysts also recently weighed in on the stock. Kepler Capital Markets upped their target price on shares of Reckitt Benckiser Group Plc from GBX 7,425 ($96.92) to GBX 8,500 ($110.95) and gave the stock a “buy” rating in a research report on Tuesday, July 5th. Societe Generale reaffirmed a ” buy” rating on shares of Reckitt Benckiser Group Plc in a research report on Monday, August 1st. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 7,100 ($92.68) target price on shares of Reckitt Benckiser Group Plc in a research report on Monday, September 19th. Citigroup Inc. set a GBX 8,650 ($112.91) target price on shares of Reckitt Benckiser Group Plc and gave the stock a “buy” rating in a research report on Wednesday, August 31st. Finally, HSBC reissued a “buy” rating and set a GBX 8,100 ($105.73) price objective on shares of Reckitt Benckiser Group Plc in a research report on Thursday, June 30th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have assigned a buy rating to the stock. Reckitt Benckiser Group Plc 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 7267.00 on Monday. The company’s 50 day moving average is GBX 7,294.78 and its 200-day moving average is GBX 7,092.07. 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 company’s market capitalization is GBX 51.24 billion.
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).
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