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Reckitt Benckiser Group PLC (LON:RB) Hold Rating Maintained by Shore Capital

Shore Capital Analyst Rating Change Reckitt Benckiser Group PLC LON:RB

Reckitt Benckiser Group PLC (LON:RB) Rating Reconfirmed

Reckitt Benckiser Group PLC (LON:RB) had its stock rating noted as Hold by equity research analysts at Shore Capital. This was revealed to investors in analysts report on Friday, 29 July.

LON:RB is now trading -3.20% lower at GBX 7200.00 as of 06:50 London time. Reckitt Benckiser Group PLC’s stock is up 21.38% over the last 200 days. It has outperformed the Standard & Poor’s 500 index, which has surged 7.56% over the same time period.

According to data compiled by Thomson Reuters, Reckitt Benckiser Group PLC (LON:RB)’s stock is covered by 20 equity analysts across the Street, with 1 analysts giving it a Sell rating, 13 a Buy rating, while 9 consider it a Hold. The 12-month consensus target price for the stock is GBX 7549.15, which reflects an upside potential of 4.85% over the current price.

LON:RB Price Chart & Trend

The stock price of Reckitt Benckiser Group PLC skyrocketed 21.38% over the last 200 days, and is in reinforcing up trend. In the last 50 and 100 days, Reckitt Benckiser Group PLC is up 9.98% and up 16.53%, respectively. Our stocks momentum model is shown on the price chart below.Reckitt Benckiser Group PLC (LON:RB) Hold Rating Maintained by Shore Capital

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

RB Stock Chart

Reckitt Benckiser Group PLC (LON:RB) Profile

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.

Reckitt Benckiser Group PLC (LON:RB) traded down -3.20% on 29 July, hitting GBX 7200. A total of 510,404 shares of the company’s stock traded hands. This is down from average of 1.39M shares. Reckitt Benckiser Group PLC has a 52 week low of GBX 5403.00 and a 52 week high of GBX 7786. The company has a market cap of 50.21B GBX and a P/E ratio of 29.86.

Get the latest Reckitt Benckiser Group PLC (LON:RB) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Reckitt Benckiser Group PLC (LON:RB) Hold Rating Maintained by Shore Capital appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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