Reckitt Benckiser Group (LON:RB) Rating Reaffirmed
In a recent research report shared with investors and clients on 3 December, The “Add” rating of Reckitt Benckiser Group (LON:RB) shares was has reaffirmed by Analysts at AlphaValue, who now has a GBX 6642 target price on the stock. AlphaValue’s target price suggests a possible upside of 3.20% from the closing share price of the company.
From a total of 23 analysts covering Reckitt Benckiser Group PLC (LON:RB) stock, 13 rate it a ”Buy”, 2 a “Sell”, and 11 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 7100 while the lowest target price is GBX 5280. The mean of all analyst targets is GBX 6401.74 with a 0.39% above today’s (GBX 6437) stock price. Reckitt Benckiser Group PLC was the topic of 93 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Kepler Cheuvreux maintained shares on December 1 with “Buy” rating. JP Morgan maintained shares with “Overweight” rating and GBX 6950 target share price in a report from a November 24. Goldman Sachs maintained RB stock in a recent report from November 26 with “Neutral” rating. Liberum Capital maintained the rating on November 17. Liberum Capital has a “Buy” rating and a GBX 6800 price target on shares. Finally, Bernstein maintained the stock with “Outperform” rating in a report issued on a November 17.
Approximately 198,164 shares of stock traded hands. Reckitt Benckiser Group Plc (LON:RB) has risen 12.84% since May 6, 2015 and is uptrending. It has outperformed by 13.13% 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 45.71 billion GBP. The Firm has two operating divisions: ENA and Developing Markets . It has 30.07 P/E ratio. ENA comprises the geographies of Europe, Russia / CIS, Israel, North America, Australia and New Zealand.