Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “neutral” rating restated by equities researchers at JPMorgan Chase & Co. in a research note issued on Tuesday, StockTargetPrices.com reports.
Several other analysts also recently weighed in on RB. BNP Paribas reiterated an “outperform” rating and issued a GBX 8,200 ($107.04) target price on shares of Reckitt Benckiser Group Plc in a report on Monday, June 27th. Societe Generale reiterated a “buy” rating and issued a GBX 8,600 ($112.26) target price on shares of Reckitt Benckiser Group Plc in a report on Monday, June 27th. Goldman Sachs Group Inc. set a GBX 7,060 ($92.16) target price on shares of Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a report on Tuesday, June 28th. Kepler Capital Markets dropped their target price on shares of Reckitt Benckiser Group Plc from GBX 7,500 ($97.90) to GBX 7,425 ($96.92) and set a “buy” rating for the company in a report on Wednesday, June 29th. Finally, HSBC reiterated a “buy” rating and issued a GBX 8,100 ($105.73) target price on shares of Reckitt Benckiser Group Plc in a report on Thursday, June 30th. Two equities 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 an average rating of “Hold” and a consensus price target of GBX 7,631.58 ($99.62).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7290.00 on Tuesday. The stock’s 50 day moving average price is GBX 7,316.11 and its 200 day moving average price is GBX 7,080.36. Reckitt Benckiser Group Plc has a one year low of GBX 5,839.08 and a one year high of GBX 7,786.00. The stock’s market cap is GBX 51.40 billion.
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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