Reckitt Benckiser Group (LON:RB) Rating Reaffirmed
Reckitt Benckiser Group (LON:RB) just had their share rating of a ‘Sector Perform’ issued by research analysts at RBC Capital Markets, who now has a GBX 6200 price target on the 44.22 billion GBP market cap company or a 1.01% upside potential. This key information was unveiled in recent note on Thursday, 10 December.
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 5.01% above today’s (GBX 6160) stock price. Reckitt Benckiser Group PLC was the topic of 95 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 9 with “Overweight” rating. JP Morgan maintained shares with “Overweight” rating and GBX 6950 target share price in a report from a November 24. Kepler Cheuvreux maintained RB stock in a recent report from December 1 with “Buy” rating. Bernstein maintained the rating on November 17. Bernstein has a “Outperform” rating and a GBX 6600 price target on shares. Finally, BNP Paribas maintained the stock with “Outperform” rating in a report issued on a November 23.
Approximately 253,960 shares of stock traded hands. Reckitt Benckiser Group Plc (LON:RB) has risen 8.82% since May 13, 2015 and is uptrending. It has outperformed by 10.76% 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 44.22 billion GBP. The Firm has two operating divisions: ENA and Developing Markets . It has 28.78 P/E ratio. ENA comprises the geographies of Europe, Russia / CIS, Israel, North America, Australia and New Zealand.