Trade Report: The Reckitt Benckiser Group Plc (RB) Receives “Neutral” Rating from JPMorgan Chase & Co.

The Reckitt Benckiser Group Plc (RB) Receives “Neutral” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a research note published on Tuesday morning, StockTargetPrices.com reports.

A number of other equities analysts also recently issued reports on the company. Kepler Capital Markets raised their price target on Reckitt Benckiser Group Plc from GBX 7,425 ($96.92) to GBX 8,500 ($110.95) and gave the stock a buy rating in a research note on Tuesday, July 5th. Societe Generale reiterated a  buy rating on shares of Reckitt Benckiser Group Plc in a research report on Monday, August 1st. Citigroup Inc. set a GBX 8,650 ($112.91) target price on Reckitt Benckiser Group Plc and gave the company a buy rating in a research report on Wednesday, August 31st. HSBC reiterated a buy rating and set a GBX 8,100 ($105.73) target price on shares of Reckitt Benckiser Group Plc in a research report on Thursday, June 30th. Finally, Barclays PLC reiterated an equal weight rating and set a GBX 7,100 ($92.68) target price on shares of Reckitt Benckiser Group Plc in a research report on Wednesday, September 14th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 7,631.58 ($99.62).

Reckitt Benckiser Group Plc (LON:RB) opened at 7291.00 on Tuesday. The stock’s market capitalization is GBX 51.41 billion. Reckitt Benckiser Group Plc has a 12-month low of GBX 5,839.08 and a 12-month high of GBX 7,786.00. The stock has a 50 day moving average price of GBX 7,315.06 and a 200-day moving average price of GBX 7,082.99.

Reckitt Benckiser Group Plc Company Profile

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