Shore Capital Maintains Its Hold Rating on Reckitt Benckiser Group PLC (LON:RB) Shares Today

July 27, 2018 - By Mark Babin

Reckitt Benckiser Group plc (LON:RB) Logo

Reckitt Benckiser Group PLC (LON:RB) Rating Reaffirmed

In a report published by Shore Capital on Friday morning, The Rating on Reckitt Benckiser Group PLC (LON:RB) shares of a ‘Hold’ was reiterated.

Reckitt Benckiser Group plc (LON:RB) Ratings Coverage

Among 16 analysts covering Reckitt Benckiser Group PLC (LON:RB), 7 have Buy rating, 3 Sell and 6 Hold. Therefore 44% are positive. Reckitt Benckiser Group PLC has GBX 9000 highest and GBX 5000 lowest target. GBX 6546.43’s average target is -2.90% below currents GBX 6742 stock price. Reckitt Benckiser Group PLC had 45 analyst reports since January 29, 2018 according to SRatingsIntel. As per Thursday, May 3, the company rating was maintained by JP Morgan. Liberum Capital maintained the stock with “Buy” rating in Wednesday, March 7 report. The firm has “Underperform” rating given on Tuesday, June 12 by Credit Suisse. The rating was maintained by JP Morgan on Tuesday, February 20 with “Overweight”. The company was maintained on Tuesday, July 24 by Liberum Capital. Liberum Capital maintained Reckitt Benckiser Group plc (LON:RB) on Friday, March 9 with “Buy” rating. Credit Suisse maintained the shares of RB in report on Monday, April 30 with “Neutral” rating. The firm earned “Sell” rating on Tuesday, February 20 by Beaufort Securities. The rating was maintained by Kepler Cheuvreux on Thursday, February 22 with “Hold”. The firm earned “Buy” rating on Wednesday, January 31 by Liberum Capital.

The stock increased 6.83% or GBX 431 during the last trading session, reaching GBX 6742. About 1.28M shares traded. Reckitt Benckiser Group plc (LON:RB) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company has market cap of 47.63 billion GBP. The firm offers treatment products for analgesic and gastro-intestinal problems, sore throat, cough, pain, and flu, as well as wellness products in sexual wellbeing, footcare, vitamins, and supplements under the Durex, Gaviscon, Nurofen, Mucinex, Scholl, and Strepsils brand names. It has a 7.77 P/E ratio. It also offers hygienic products, including surface care and lavatory care products, antiseptic liquids, pest control products, automatic dishwashing products, automatic dishwashing products, and depilatory products under the Cillit Bang, Clearasil, Dettol, Finish, Harpic, Lysol, Mortein, and Veet brand names.

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