Barclays Reiterates “Overweight” Rating for Reckitt Benckiser Group (RB)
Several other brokerages also recently issued reports on RB. Goldman Sachs Group set a GBX 6,820 ($89.12) price objective on shares of Reckitt Benckiser Group and gave the stock a “neutral” rating in a research report on Thursday, May 2nd. Jefferies Financial Group set a GBX 5,400 ($70.56) price objective on shares of Reckitt Benckiser Group and gave the stock a “sell” rating in a research report on Thursday, May 2nd. Deutsche Bank restated a “buy” rating and set a GBX 8,000 ($104.53) price objective on shares of Reckitt Benckiser Group in a research report on Wednesday, April 17th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 9,000 ($117.60) price objective on shares of Reckitt Benckiser Group in a research report on Monday, April 15th. Finally, UBS Group restated a “neutral” rating and set a GBX 6,400 ($83.63) price objective on shares of Reckitt Benckiser Group in a research report on Wednesday, April 10th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Reckitt Benckiser Group currently has an average rating of “Hold” and an average price target of GBX 7,117.78 ($93.01).
Reckitt Benckiser Group stock opened at GBX 6,319 ($82.57) on Wednesday. Reckitt Benckiser Group has a 52 week low of GBX 5,559 ($72.64) and a 52 week high of GBX 7,174 ($93.74). The company has a debt-to-equity ratio of 80.49, a current ratio of 0.65 and a quick ratio of 0.47. The stock has a market cap of $44.73 billion and a P/E ratio of 20.73.
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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