Reckitt Benckiser set to review food business

Barclays Capital reiterated Reckitt Benckiser Group (LON:RB) as 'Equal Weight' With 7230 PT

Shares in Reckitt Benckiser rose 13p to 7299p today. Goldman Sachs Group Inc set a GBX 7,130 ($89.00) price target on shares of Reckitt Benckiser Group Plc and gave the company a "neutral" rating in a research report on Thursday, December 29th.

According to Kepler Cheuvreuxs price target of 8100 on the company's stock this indicates the broker now believes there is an increase of 10.62% from Reckitt Benckiser Group's current price of 7322.22.

With a total market value of 0 GBX, Reckitt Benckiser Group PLC has price-earnings ratio of 28.46 with a one year low of 6,496.00GBX and a one year high of 7,786.00GBX.

In the past year Reckitt Benckiser Group's stock price has increased by 0% from 0.00 to 7322.22. The firm now has a buy rating on the stock. The company has a 50-day moving average price of GBX 7,264.17 and a 200-day moving average price of GBX 7,043.30.

Trumps says he expects a health care deal soon
It is highly unusual for a committee chairman and ranking member not to co-ordinate meetings related to an investigation. The disclosure renewed calls for an independent committee to investigate the Russian Federation ties.

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The firm added that it will "update the market going forward, when appropriate".

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and global copyright legislation. The legal version of this report can be viewed at https://baseballnewssource.com/markets/reckitt-benckiser-group-plc-rb-receives-buy-rating-from-liberum-capital/557327.html. The ex-dividend date of this dividend is Thursday, April 13th.

Depending on the valuation raised and on management's determination to deleverage quickly, we also regard the home portfolio as a dispensable asset in Reckitt's transformation into a consumer health pure play. The company has not named banks to assist with the review of the food business.

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