Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “neutral” rating reiterated by investment analysts at JPMorgan Chase & Co. in a report issued on Wednesday. They currently have a GBX 7,100 ($92.68) price objective on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential downside of 1.53% from the company’s previous close.
RB has been the subject of several other research reports. Liberum Capital reaffirmed a “buy” rating and issued a GBX 8,400 ($109.65) price objective on shares of Reckitt Benckiser Group Plc in a research report on Monday, July 11th. BNP Paribas set a GBX 7,800 ($101.81) price objective on shares of Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a research report on Wednesday, September 7th. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 7,950 ($103.77) price objective on shares of Reckitt Benckiser Group Plc in a research report on Monday, July 25th. Sanford C. Bernstein set a GBX 8,750 ($114.21) price objective on shares of Reckitt Benckiser Group Plc and gave the company a “buy” rating in a research report on Monday, August 22nd. Finally, Shore Capital reaffirmed a “hold” rating on shares of Reckitt Benckiser Group Plc in a research report on Friday, July 29th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 7,631.58 ($99.62).
Reckitt Benckiser Group Plc (LON:RB) opened at 7210.00 on Wednesday. The firm’s market capitalization is GBX 50.84 billion. The stock has a 50 day moving average of GBX 7,344.19 and a 200-day moving average of GBX 7,060.23. Reckitt Benckiser Group Plc has a one year low of GBX 5,788.00 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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