Reckitt Benckiser Group (LON:RB) Given “Sell” Rating at Jefferies Financial Group
Jefferies Financial Group reissued their sell rating on shares of Reckitt Benckiser Group (LON:RB) in a research note released on Friday morning, Borsen Zeitung reports. They currently have a GBX 5,000 ($65.33) target price on the stock.
Several other brokerages have also recently weighed in on RB. Liberum Capital reissued a buy rating and set a GBX 7,300 ($95.39) price target on shares of Reckitt Benckiser Group in a research report on Thursday, October 31st. Shore Capital reissued an under review rating on shares of Reckitt Benckiser Group in a research report on Tuesday, October 22nd. Societe Generale set a GBX 5,700 ($74.48) price target on shares of Reckitt Benckiser Group and gave the company a sell rating in a research report on Thursday, August 1st. JPMorgan Chase & Co. reissued an overweight rating on shares of Reckitt Benckiser Group in a research report on Monday, November 4th. Finally, Barclays lowered their price target on shares of Reckitt Benckiser Group from GBX 7,500 ($98.00) to GBX 6,700 ($87.55) and set an overweight rating on the stock in a research report on Thursday, October 24th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company. Reckitt Benckiser Group presently has a consensus rating of Hold and a consensus target price of GBX 6,773.33 ($88.51).
Shares of RB stock traded up GBX 8 ($0.10) on Friday, hitting GBX 5,923 ($77.39). 753,399 shares of the stock traded hands, compared to its average volume of 1,720,000. The firm’s 50-day moving average price is GBX 5,996.28 and its two-hundred day moving average price is GBX 6,236.26. The company has a debt-to-equity ratio of 85.08, a quick ratio of 0.43 and a current ratio of 0.59. The stock has a market capitalization of $41.96 billion and a PE ratio of 29.73. Reckitt Benckiser Group has a twelve month low of GBX 5,510 ($72.00) and a twelve month high of GBX 6,778 ($88.57).
About Reckitt Benckiser Group
Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers acne treatment creams, facial washes, and cleansing pads; disinfection, hygiene, and first aid products; condoms, sex toys, and lubricants; heartburn and indigestion solutions; and cough and chest congestion, multi-symptom, and sinus remedies for adults and children under the Clearasil, Dettol, Durex, Gaviscon, and Mucinex brands.
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