Breaking: JP Morgan Cazenove Reiterates GBX 7200.00 Target Price per Share On Reckitt Benckiser Group (LON:RB) Shares, Reiterates Their Original Neutral Rating

July 26, 2017 - By test

Reckitt Benckiser Group (LON:RB) Rating Reaffirmed

Investment analysts at JP Morgan Cazenove now has a GBX 7200.00 target on Reckitt Benckiser Group (LON:RB). JP Morgan Cazenove and their recent target means a potential downside of -5.23 % from the company’s last close price. The rating has been released in a note on Tuesday morning.

Reckitt Benckiser Group Plc (LON:RB) Ratings Coverage

Among 28 analysts covering Reckitt Benckiser Group PLC (LON:RB), 15 have Buy rating, 3 Sell and 10 Hold. Therefore 54% are positive. Reckitt Benckiser Group PLC has GBX 10000 highest and GBX 6 lowest target. GBX 7767.52’s average target is 2.62% above currents GBX 7569 stock price. Reckitt Benckiser Group PLC had 327 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 17 by Liberum Capital. On Friday, March 31 the stock rating was maintained by Jefferies with “Buy”. The firm has “Sector Performer” rating by RBC Capital Markets given on Friday, April 1. The firm earned “Overweight” rating on Wednesday, February 10 by J.P. Morgan. The firm has “Outperform” rating given on Thursday, March 3 by Bernstein. The company was maintained on Monday, August 1 by BNP Paribas. The stock of Reckitt Benckiser Group Plc (LON:RB) has “Equal Weight” rating given on Monday, January 23 by Barclays Capital. Credit Suisse maintained the stock with “Outperform” rating in Monday, July 25 report. The rating was maintained by Bernstein with “Outperform” on Monday, February 15. The firm earned “Reduce” rating on Thursday, August 6 by AlphaValue.

About 275,971 shares traded. Reckitt Benckiser Group Plc (LON:RB) has 0.00% since July 26, 2016 and is . It has underperformed by 16.70% the S&P500.

Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The company has market cap of 53.24 billion GBP. The Company’s divisions include ENA, DvM and Food. It has a 25.35 P/E ratio. The ENA segment consists of Europe, Russia/Commonwealth of Independent States , Israel, North America, Australia and New Zealand.

More recent Reckitt Benckiser Group Plc (LON:RB) news were published by: Thestreet.com which released: “Global Ransomware Attack: Reckitt Benckiser Falls Victim to Attack” on June 28, 2017. Also Bloomberg.com published the news titled: “Reckitt Benckiser Cuts Forecast After Cyberattack Hits Sales” on July 06, 2017. Marketwatch.com‘s news article titled: “McCormick buys Reckitt Benckiser’s food unit” with publication date: July 19, 2017 was also an interesting one.

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