A statement released today by Liberum Capital about Reckitt Benckiser Group PLC (LON:RB) keeps the target price at 8,400.00GBX
- Updated: October 1, 2016
Reckitt Benckiser Group PLC (LON:RB) had its target hold steady to 8,400.00GBX by Liberum Capital in an issued report issued 09/30/2016. The new stock price target implies a possible upside of 0.17% based on the company's last closing price.
Previously on 9/28/2016, JP Morgan Cazenove reported on Reckitt Benckiser Group PLC (LON:RB) held steady the target price at 7,100.00GBX. At the time, this indicated a possible downside of -0.02%.
Yesterday Reckitt Benckiser Group PLC (LON:RB) traded 0.83% higher at 7,189.50GBX. The company’s 50-day moving average is 7,329.89GBX and its 200-day moving average is 7,069.78GBX. The last closing price is up 2.76% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,619,528 shares of RB traded, up from an avg. volume of 1,135,910
With a total market value of 0 GBX, Reckitt Benckiser Group PLC has 52 week low of 5,839.08GBX and a 52 week high of 7,786.00GBX with a PE ratio of 33.45 .
In addition to Liberum Capital reporting its stock price target, a total of 20 brokers have issued a research note on the company. The average stock price target is 7,549.15GBX with 4 brokers rating the stock a strong buy, 9 brokers rating the stock a buy, 9 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Reckitt Benckiser Group PLC (LON:RB)
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company's segments include ENA, DvM and Food. 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). Health, Hygiene, Home and Portfolio Brands categories are split across the geographical segments of ENA and DVM. The Food segment provides food products, which are sold in ENA countries. Its range of hygiene products includes disinfectant cleaners, automatic dishwashing detergents, pest control, depilatory products and acne treatments. The Company's portfolio of brands includes Durex, Mucinex, Scholl, Strepsils, Cillit Bang, Clearasil, Dettol, Harpic, Lysol, Mortein, Veet, Air Wick, Calgon, Vanish and Woolite.
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