Reckitt Benckiser Group (LON:RB)‘s stock had its “neutral” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Thursday, AnalystRatings.NET reports.
Shares of Reckitt Benckiser Group (LON:RB) opened at 4791.00 on Thursday. Reckitt Benckiser Group has a 1-year low of GBX 3857.00 and a 1-year high of GBX 4986.00. The stock’s 50-day moving average is GBX 4781.50 and its 200-day moving average is GBX 4639.08. The company’s market cap is £35.000 billion.
A number of other firms have also recently commented on RB. Analysts at UBS AG downgraded shares of Reckitt Benckiser Group to a “sell” rating in a research note to investors on Wednesday. They now have a GBX 4,550 ($74.49) price target on the stock, down previously from GBX 5,210 ($85.30). Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Reckitt Benckiser Group from GBX 5,300 ($86.77) to GBX 5,400 ($88.41) in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Finally, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Reckitt Benckiser Group in a research note to investors on Tuesday. They now have a GBX 4,100 ($67.13) price target on the stock. Seven analysts have rated the stock with a sell rating, nineteen have given a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 4,685.07 ($76.70).
Reckitt Benckiser Group Plc is manufacturer and marketer of branded products in household, health and personal care, selling a range through over 60 operating companies into nearly 200 countries.
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