Shore Capital Reaffirms Under Review Rating for Reckitt Benckiser Group (LON:RB)
Reckitt Benckiser Group (LON:RB)‘s stock had its “under review” rating reissued by investment analysts at Shore Capital in a research report issued to clients and investors on Wednesday, ThisIsMoney.Co.Uk reports.
A number of other equities analysts also recently weighed in on the stock. Barclays restated an “overweight” rating and set a GBX 7,500 ($98.00) target price on shares of Reckitt Benckiser Group in a report on Monday, April 15th. UBS Group restated a “neutral” rating and set a GBX 6,400 ($83.63) target price (up from GBX 6,300 ($82.32)) on shares of Reckitt Benckiser Group in a report on Monday, April 1st. JPMorgan Chase & Co. restated an “overweight” rating on shares of Reckitt Benckiser Group in a report on Monday, April 8th. Deutsche Bank set a GBX 8,000 ($104.53) target price on shares of Reckitt Benckiser Group and gave the stock a “buy” rating in a report on Thursday, April 11th. Finally, Liberum Capital restated a “buy” rating on shares of Reckitt Benckiser Group in a report on Wednesday, February 13th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 7,154.12 ($93.48).
Shares of RB opened at GBX 6,314 ($82.50) on Wednesday. The firm has a market cap of $45.27 billion and a P/E ratio of 20.72. Reckitt Benckiser Group has a 1-year low of GBX 5,559 ($72.64) and a 1-year high of GBX 7,174 ($93.74). The company has a debt-to-equity ratio of 80.49, a quick ratio of 0.47 and a current ratio of 0.65.
Reckitt Benckiser Group Company Profile
Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers acne treatment creams, facial washes, and cleansing pads; disinfection, hygiene, and first aid products; condoms, sex toys, and lubricants; heartburn and indigestion solutions; and cough and chest congestion, multi-symptom, and sinus remedies for adults and children under the Clearasil, Dettol, Durex, Gaviscon, and Mucinex brands.
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