Kepler Capital Markets Reaffirms “Buy” Rating for Reckitt Benckiser Group Plc (RB)

Kepler Capital Markets restated their buy rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a research note issued to investors on Friday.

A number of other equities analysts have also recently issued reports on the company. Societe Generale reiterated a buy rating on shares of Reckitt Benckiser Group Plc in a report on Friday, September 9th. Barclays PLC reiterated an equal weight rating and issued a GBX 7,100 ($86.53) price objective on shares of Reckitt Benckiser Group Plc in a report on Wednesday, September 14th. Deutsche Bank AG reiterated a buy rating and issued a GBX 7,500 ($91.41) price objective on shares of Reckitt Benckiser Group Plc in a report on Wednesday, August 24th. JPMorgan Chase & Co. reiterated a neutral rating on shares of Reckitt Benckiser Group Plc in a report on Tuesday, October 4th. Finally, Royal Bank Of Canada reiterated a sector performer rating and issued a GBX 7,400 ($90.19) price objective on shares of Reckitt Benckiser Group Plc in a report on Friday, September 9th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have assigned a buy rating to the company. Reckitt Benckiser Group Plc presently has a consensus rating of Hold and a consensus target price of GBX 7,655.75 ($93.31).

Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7137.22 on Friday. Reckitt Benckiser Group Plc has a 1-year low of GBX 5,839.08 and a 1-year high of GBX 7,786.00. The company’s 50-day moving average price is GBX 7,282.59 and its 200 day moving average price is GBX 7,126.73. The firm’s market cap is GBX 50.32 billion.

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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