Reckitt Benckiser Group Plc (RB) Rating Reiterated by JPMorgan Chase & Co.

Reckitt Benckiser Group Plc (RB) Rating Reiterated by JPMorgan Chase & Co.

Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “neutral” rating restated by equities researchers at JPMorgan Chase & Co. in a research note issued on Tuesday, StockTargetPrices.com reports.

Several other analysts also recently weighed in on RB. BNP Paribas reiterated an “outperform” rating and issued a GBX 8,200 ($107.04) target price on shares of Reckitt Benckiser Group Plc in a report on Monday, June 27th. Societe Generale reiterated a “buy” rating and issued a GBX 8,600 ($112.26) target price on shares of Reckitt Benckiser Group Plc in a report on Monday, June 27th. Goldman Sachs Group Inc. set a GBX 7,060 ($92.16) target price on shares of Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a report on Tuesday, June 28th. Kepler Capital Markets dropped their target price on shares of Reckitt Benckiser Group Plc from GBX 7,500 ($97.90) to GBX 7,425 ($96.92) and set a “buy” rating for the company in a report on Wednesday, June 29th. Finally, HSBC reiterated a “buy” rating and issued a GBX 8,100 ($105.73) target price on shares of Reckitt Benckiser Group Plc in a report on Thursday, June 30th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Reckitt Benckiser Group Plc currently has an average rating of “Hold” and a consensus price target of GBX 7,631.58 ($99.62).

Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7290.00 on Tuesday. The stock’s 50 day moving average price is GBX 7,316.11 and its 200 day moving average price is GBX 7,080.36. Reckitt Benckiser Group Plc has a one year low of GBX 5,839.08 and a one year high of GBX 7,786.00. The stock’s market cap is GBX 51.40 billion.

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