J P Morgan Chase & Co reissued their overweight rating on shares of Reckitt Benckiser Group (LON:RB) in a report issued on Tuesday. J P Morgan Chase & Co currently has a GBX 7,500 ($100.94) price target on the stock.
A number of other equities research analysts also recently weighed in on RB. Liberum Capital restated a buy rating and issued a GBX 8,700 ($117.09) price target on shares of Reckitt Benckiser Group in a research note on Wednesday, August 30th. Societe Generale set a GBX 7,800 ($104.98) target price on shares of Reckitt Benckiser Group and gave the stock a neutral rating in a research report on Tuesday, September 5th. BNP Paribas set a GBX 7,700 ($103.63) target price on shares of Reckitt Benckiser Group and gave the stock a neutral rating in a research report on Tuesday, September 5th. Jefferies Group cut their target price on shares of Reckitt Benckiser Group from GBX 8,150 ($109.69) to GBX 7,500 ($100.94) and set a hold rating on the stock in a research report on Friday, September 15th. Finally, Goldman Sachs Group cut their target price on shares of Reckitt Benckiser Group from GBX 8,130 ($109.42) to GBX 7,920 ($106.59) and set a neutral rating on the stock in a research report on Thursday, September 21st. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 7,723.64 ($103.95).
Shares of Reckitt Benckiser Group (RB) opened at GBX 6,731 ($90.59) on Tuesday. Reckitt Benckiser Group has a one year low of GBX 6,299 ($84.78) and a one year high of GBX 8,110.43 ($109.16).
COPYRIGHT VIOLATION NOTICE: This news story was first published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of U.S. & international copyright legislation. The original version of this news story can be viewed at https://www.com-unik.info/2017/12/16/j-p-morgan-chase-co-reaffirms-overweight-rating-for-reckitt-benckiser-group-rb.html.
About Reckitt Benckiser Group
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).
What are top analysts saying about Reckitt Benckiser Group? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Reckitt Benckiser Group and related companies.