Credit Suisse Group downgraded shares of Reckitt Benckiser Group (LON:RB) to a neutral rating in a research note released on Tuesday. They currently have GBX 6,300 ($87.04) price target on the stock, down from their previous price target of GBX 7,500 ($103.62).
RB has been the subject of a number of other research reports. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 7,500 ($103.62) target price on shares of Reckitt Benckiser Group in a research report on Tuesday, December 5th. Deutsche Bank reissued a buy rating and issued a GBX 8,250 ($113.98) target price on shares of Reckitt Benckiser Group in a research report on Tuesday, January 23rd. Barclays set a GBX 6,700 ($92.57) target price on Reckitt Benckiser Group and gave the stock a neutral rating in a research report on Monday, January 22nd. Goldman Sachs Group set a GBX 6,910 ($95.47) target price on Reckitt Benckiser Group and gave the stock a neutral rating in a research report on Thursday, January 25th. Finally, BNP Paribas decreased their target price on Reckitt Benckiser Group from GBX 7,400 ($102.24) to GBX 7,200 ($99.47) and set a neutral rating for the company in a research report on Wednesday, January 31st. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of GBX 7,310.87 ($101.01).
Reckitt Benckiser Group (LON RB) opened at GBX 6,006 ($82.98) on Tuesday. The stock has a market cap of $41,750.00 and a PE ratio of 2,184.00. Reckitt Benckiser Group has a one year low of GBX 5,881 ($81.25) and a one year high of GBX 8,110.43 ($112.05).
Reckitt Benckiser Group Company Profile
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA and DvM. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).
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