Reckitt Benckiser Group Plc (RB) Given Consensus Rating of “Hold” by Brokerages
Shares of Reckitt Benckiser Group Plc (LON:RB) have earned an average rating of “Hold” from the twenty-six ratings firms that are covering the firm. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 7,619.91 ($94.31).
Several brokerages have recently weighed in on RB. JPMorgan Chase & Co. restated a “neutral” rating on shares of Reckitt Benckiser Group Plc in a report on Tuesday, July 12th. Liberum Capital reiterated a “buy” rating and issued a GBX 8,400 ($103.96) price objective on shares of Reckitt Benckiser Group Plc in a report on Monday, July 11th. Barclays PLC upgraded Reckitt Benckiser Group Plc to an “equal weight” rating and upped their price objective for the company from GBX 5,900 ($73.02) to GBX 7,100 ($87.87) in a report on Friday, July 8th. Credit Suisse Group AG upped their price objective on Reckitt Benckiser Group Plc from GBX 7,600 ($94.06) to GBX 7,900 ($97.77) and gave the company an “outperform” rating in a report on Monday, July 4th. Finally, Kepler Capital Markets upped their price objective on Reckitt Benckiser Group Plc from GBX 7,425 ($91.89) to GBX 8,500 ($105.20) and gave the company a “buy” rating in a report on Tuesday, July 5th.
Shares of Reckitt Benckiser Group Plc (LON:RB) traded down 0.84% during mid-day trading on Wednesday, reaching GBX 7347.00. The company’s stock had a trading volume of 1,316,790 shares. The stock has a 50 day moving average of GBX 7,287.03 and a 200-day moving average of GBX 7,105.24. The stock’s market cap is GBX 51.80 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.
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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