Reckitt Benckiser Group Stock Rating Reaffirmed by Sanford C. Bernstein (RB)

Reckitt Benckiser Group (LON: RB)‘s stock had its “outperform” rating reaffirmed by research analysts at Sanford C. Bernstein in a report released on Friday. They currently have a $75.80 (5000 GBX) target price on the stock.

Reckitt Benckiser Group opened at 4484.2549 on Friday. Reckitt Benckiser Group has a 52-week low of GBX 3274.0002 and a 52-week high of GBX 4636.00. The stock’s 50-day moving average is currently GBX 3613.40. The company has a price-to-earnings ratio of 1775.15.

A number of other analysts have also recently weighed in on RB. Analysts at Societe Generale reiterated a “sell” rating on shares of Reckitt Benckiser Group in a research note to investors on Tuesday. They now have a $60.65 price target on the stock. Separately, analysts at Oriel Securities Ltd upgraded shares of Reckitt Benckiser Group to an “add” rating in a research note to investors on Thursday, February 14th. They now have a $73.00 price target on the stock, up previously from $57.94. Finally, analysts at Nomura raised their price target on shares of Reckitt Benckiser Group from $74.56 to $76.11 in a research note to investors on Thursday, February 14th. They now have a “buy” rating on the stock.

Reckitt Benckiser Group Plc is manufacturer and marketer of branded products in household, health and personal care, selling a range through over 60 operating companies into nearly 200 countries.

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