Reckitt Benckiser Group PLC (LON:RB) has been reiterated to Buy in a statement by Kepler Cheuvreux today.
- Updated: October 14, 2016
Kepler Cheuvreux has reiterated Reckitt Benckiser Group PLC (LON:RB) to Buy in a report released on Friday October 14, 2016.
Previously on 10/10/2016, Liberum Capital reported on Reckitt Benckiser Group PLC (LON:RB) held steady the target price at 8,400.00GBX. At the time, this indicated a possible upside of 0.16%.
Yesterday Reckitt Benckiser Group PLC (LON:RB) traded 0.80% higher at 7,335.00GBX. The company’s 50-day moving average is 7,287.86GBX and its 200-day moving average is 7,112.73GBX. The last closing price is up 3.93% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,298,572 shares of the stock traded hands, up from an average trading volume of 1,142,000
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Reckitt Benckiser Group PLC has a 52 week low of 5,839.08GBX and a 52 week high of 7,786.00GBX with a P/E ratio of 34.03 The company’s market cap is currently 0 GBX.
In addition to Kepler Cheuvreux reporting its stock price target, a total of 20 brokers have issued a report 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.
General Information About 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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