Reckitt Benckiser Group PLC (LON:RB) Rating Reaffirmed
This Morning, Monday morning, Reckitt Benckiser Group PLC (LON:RB)’s “Overweight” rating was reconfirmed at JP Morgan Cazenove in an interesting research report.
From a total of 23 analysts covering Reckitt Benckiser Group PLC (LON:RB) stock, 13 rate it a ”Buy”, 1 a “Sell”, and 9 a ”Hold”. This means that 57% of the ratings are positive. The highest target price is GBX 7100 while the lowest target price is GBX 6. The mean of all analyst targets is GBX 6452.82 with a 2.28% above today’s (GBX 6309) stock price. Reckitt Benckiser Group PLC was the topic of 92 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on November 30 with “Overweight” rating. JP Morgan maintained shares with “Overweight” rating and GBX 6950 target share price in a report from a November 24. BNP Paribas maintained RB stock in a recent report from November 23 with “Outperform” rating. RBC Capital Markets maintained the rating on November 13. RBC Capital Markets has a “Sector Perform” rating and a GBX 6200 price target on shares. Finally, Liberum Capital maintained the stock with “Buy” rating in a report issued on a November 17.
The stock closed the day at GBX 6309 during the previous session. It is down 8.78% since May 1, 2015 and is uptrending. It has outperformed by 9.67% the S&P500.
Reckitt Benckiser Group plc is a United Kingdom maker and marketer of branded health, hygiene and home products. The company has a market cap of 44.67 billion GBP. The Firm has two operating divisions: ENA and Developing Markets . It has 29.48 P/E ratio. ENA comprises the geographies of Europe, Russia / CIS, Israel, North America, Australia and New Zealand.