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Morgan Stanley announced Reckitt Benckiser Group PLC (LON:RB), upholding its stock price target at 10,000.00GBX today

In a report released on 09/21/2017 Morgan Stanley hold steady the stock price target of Reckitt Benckiser Group PLC (LON:RB) from 10,000.00GBX to 10,000.00GBX reporting a possible upside of 0.49%.

Previously on 9/20/2017, JP Morgan Cazenove reported on Reckitt Benckiser Group PLC (LON:RB) held steady the target price at 6,900.00GBX. At the time, this indicated a possible upside of 0.02%.

Just yesterday Reckitt Benckiser Group PLC (LON:RB) traded -1.27% lower at 6,709.50GBX. Reckitt Benckiser Group PLC’s 50-day moving average is 7,260.05GBX and its 200-day moving average is 7,478.09GBX. The last closing price is down -10.38% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 238,020 shares of RB traded hands, down from an average trading volume of 1,136,810

Recent Performance Chart

Reckitt Benckiser Group PLC (LON:RB)

Reckitt Benckiser Group PLC has 52 week low of 6,496.00GBX and a 52 week high of 8,110.43GBX with a PE ratio of 26.32 and has a market capitalization of 0 GBX.

In addition to Morgan Stanley 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 and DvM. 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. 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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