Reckitt Benckiser Group Plc’s (RB) Equal Weight Rating Reaffirmed at Barclays PLC
Barclays PLC restated their equal weight rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a research report sent to investors on Friday morning. The brokerage currently has a GBX 7,200 ($93.98) target price on the stock.
Other equities analysts have also issued research reports about the company. Societe Generale reiterated a buy rating on shares of Reckitt Benckiser Group Plc in a research report on Monday, August 1st. Liberum Capital reiterated a buy rating and issued a GBX 8,400 ($109.65) price target on shares of Reckitt Benckiser Group Plc in a research report on Monday, July 11th. Kepler Capital Markets increased their price target on Reckitt Benckiser Group Plc from GBX 7,425 ($96.92) to GBX 8,500 ($110.95) and gave the company a buy rating in a research report on Tuesday, July 5th. HSBC reiterated a buy rating and issued a GBX 8,100 ($105.73) price target on shares of Reckitt Benckiser Group Plc in a research report on Thursday, June 30th. Finally, Credit Suisse Group AG set a GBX 7,950 ($103.77) price target on Reckitt Benckiser Group Plc and gave the company a buy rating in a research report on Monday, July 18th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Reckitt Benckiser Group Plc currently has a consensus rating of Hold and an average price target of GBX 7,637 ($99.69).
Reckitt Benckiser Group Plc (LON:RB) traded up 0.34% during mid-day trading on Friday, reaching GBX 7295.00. 720,866 shares of the company were exchanged. The company’s market cap is GBX 51.44 billion. The stock’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 12 month low of GBX 5,839.08 and a 12 month 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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