JPMorgan Chase & Co. Reaffirms “Overweight” Rating for Reckitt Benckiser Group (RB)
Several other research firms have also commented on RB. Investec reissued a sell rating and set a GBX 6,400 ($88.42) target price on shares of Reckitt Benckiser Group in a research note on Monday, January 29th. Deutsche Bank reissued a buy rating and set a GBX 8,250 ($113.98) target price on shares of Reckitt Benckiser Group in a research note on Tuesday, January 23rd. Morgan Stanley cut their target price on shares of Reckitt Benckiser Group from GBX 9,000 ($124.34) to GBX 8,500 ($117.44) and set an overweight rating for the company in a research note on Monday, March 5th. Citigroup reissued a buy rating and set a GBX 7,900 ($109.15) target price on shares of Reckitt Benckiser Group in a research note on Wednesday, February 7th. Finally, Liberum Capital reissued a buy rating and set a GBX 8,000 ($110.53) target price on shares of Reckitt Benckiser Group in a research note on Monday, November 20th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the stock. Reckitt Benckiser Group currently has an average rating of Hold and an average price target of GBX 7,190 ($99.34).
Reckitt Benckiser Group (LON RB) opened at GBX 5,810 ($80.27) on Thursday. The stock has a market cap of $40,910.00 and a P/E ratio of 2,112.73. Reckitt Benckiser Group has a 1-year low of GBX 5,608 ($77.48) and a 1-year high of GBX 8,110.43 ($112.05).
Reckitt Benckiser Group Company Profile
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA and DvM. 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 & Ratings for Reckitt Benckiser Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reckitt Benckiser Group and related companies with MarketBeat.com's FREE daily email newsletter.