Reckitt Benckiser Group Plc-ADR (OTCMKTS:RBGLY) Receives $6,075.00 Consensus Target Price from Analysts

Reckitt Benckiser Group Plc-ADR (OTCMKTS:RBGLY) has received an average rating of “Hold” from the twenty research firms that are covering the firm, Analyst Ratings Net reports. Four research analysts have rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $6,075.00.

Reckitt Benckiser Group Plc-ADR (OTCMKTS:RBGLY) traded down 1.12% during midday trading on Monday, hitting $18.53. 276,513 shares of the stock traded hands. The company has a market cap of $66.07 billion and a P/E ratio of 14.69. The company’s 50 day moving average is $18.96 and its 200-day moving average is $18.62. Reckitt Benckiser Group Plc-ADR has a one year low of $15.51 and a one year high of $19.92.

Several equities research analysts recently commented on RBGLY shares. BNP Paribas reiterated an “underperform” rating and set a $5,800.00 price target on shares of Reckitt Benckiser Group Plc-ADR in a research note on Tuesday, September 8th. Zacks Investment Research lowered shares of Reckitt Benckiser Group Plc-ADR from a “buy” rating to a “hold” rating in a research note on Tuesday, September 29th. JPMorgan Chase & Co. restated a “buy” rating on shares of Reckitt Benckiser Group Plc-ADR in a research note on Friday, October 2nd. Canaccord Genuity restated a “sell” rating and issued a $4,500.00 price objective on shares of Reckitt Benckiser Group Plc-ADR in a research note on Monday, November 2nd. Finally, Liberum Capital restated a “buy” rating and issued a $6,000.00 price objective on shares of Reckitt Benckiser Group Plc-ADR in a research note on Monday, November 2nd.

Reckitt Benckiser Group plc is a United Kingdom-based manufacturer and marketer of branded health, hygiene and home products. The Company has two operating segments: ENA and Developing Markets (OTCMKTS:RBGLY). ENA comprises the geographies of Europe, Russia / CIS, Israel, North America, Australia and New Zealand. DVM comprises Latin America, North Asia and South East Asia, North Africa, Turkey and sub-Saharan Africa. The geographical segments manufacture and sell branded products in the health, hygiene, home and Portfolio Brands categories. There is also a separate segment for the Food business, which is run as a stand-alone business. The main component of the Portfolio Brands category is the laundry and fabric softener business.

 

Latest News

Oracle Buying Textura at a Price of $663 Million
Oracle Buying Textura at a Price of $663 Million
AB InBev Offering More Assets of SABMiller in Europe to Win EU Approval
AB InBev Offering More Assets of SABMiller in Europe to Win EU Approval
Verizon Working With Authorities On Sabotage Incidents
Verizon Working With Authorities On Sabotage Incidents
UPS Profit Increases During First Quarter by 10%
UPS Profit Increases During First Quarter by 10%
Consumers Buying Fewer Apple Products, Sales Slump Worldwide
Consumers Buying Fewer Apple Products, Sales Slump Worldwide
Boeing Profit Drops on Lag in Commercial Deliveries
Boeing Profit Drops on Lag in Commercial Deliveries


Leave a Reply

 
© 2006-2017 The Vista Voice. Subscribe