JP Morgan Cazenove Keeps Its “Overweight” Rating on Reckitt Benckiser Group PLC (LON:RB) Shares Today


Reckitt Benckiser Group PLC (LON:RB) Rating Reaffirmed

In a recent report disseminated on Wednesday, 9 December, JP Morgan Cazenove reconfirmed their “Overweight” rating on Reckitt Benckiser Group PLC (LON:RB) shares.

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 3.94% above today’s (GBX 6223) stock price. Reckitt Benckiser Group PLC was the topic of 94 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Add” rating. JP Morgan maintained shares with “Overweight” rating and GBX 6950 target share price in a report from a November 24. JP Morgan maintained RB stock in a recent report from November 30 with “Overweight” 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 301,805 shares of stock traded hands. Reckitt Benckiser Group Plc (LON:RB) has risen 9.34% since May 12, 2015 and is uptrending. It has outperformed by 10.13% the S&P500.

JP Morgan Cazenove Keeps Its

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 44.10 billion GBP. The Firm has two operating divisions: ENA and Developing Markets . It has 29.07 P/E ratio. ENA comprises the geographies of Europe, Russia / CIS, Israel, North America, Australia and New Zealand.