UBS Group restated their neutral rating on shares of Reckitt Benckiser Group (LON:RB) in a research note released on Monday, Borsen Zeitung reports. They currently have a GBX 6,500 ($84.93) price target on the stock.
RB has been the subject of several other reports. HSBC set a GBX 7,900 ($103.23) target price on Reckitt Benckiser Group and gave the company a buy rating in a report on Thursday, July 18th. Royal Bank of Canada reissued an underperform rating and issued a GBX 5,900 ($77.09) target price on shares of Reckitt Benckiser Group in a report on Monday, August 5th. Goldman Sachs Group set a GBX 7,200 ($94.08) target price on Reckitt Benckiser Group and gave the company a neutral rating in a report on Tuesday, July 30th. JPMorgan Chase & Co. reissued an overweight rating on shares of Reckitt Benckiser Group in a report on Wednesday, August 7th. Finally, Deutsche Bank reissued a buy rating and issued a GBX 8,000 ($104.53) target price on shares of Reckitt Benckiser Group in a report on Tuesday, July 30th. Four analysts have rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of GBX 7,148.33 ($93.41).
Shares of LON RB opened at GBX 6,152 ($80.39) on Monday. The company has a market capitalization of $44.19 billion and a price-to-earnings ratio of 30.88. The company has a debt-to-equity ratio of 85.08, a current ratio of 0.59 and a quick ratio of 0.43. The business has a 50-day moving average of GBX 6,340.48 and a two-hundred day moving average of GBX 6,220.60. Reckitt Benckiser Group has a 1 year low of GBX 5,559 ($72.64) and a 1 year high of GBX 7,174 ($93.74).
Reckitt Benckiser Group Company Profile
Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers acne treatment creams, facial washes, and cleansing pads; disinfection, hygiene, and first aid products; condoms, sex toys, and lubricants; heartburn and indigestion solutions; and cough and chest congestion, multi-symptom, and sinus remedies for adults and children under the Clearasil, Dettol, Durex, Gaviscon, and Mucinex brands.
See Also: Moving Average (MA)
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