Reckitt Benckiser set to review food business

Reckitt Benckiser’s focus has shifted to higher-margin healthcare products such as Nurofen Luke MacGregor /Reuters

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.

We don't know how to feel about these high heels for babies
Michele Holbrook set up the company in 2012, after struggling to find a pair of stilettos for her newborn. "That's disturbing. The creator of the shoes says there is no health risk, and that they're mostly used as props in pictures.

Sean Spicer Tells Reporter to 'Stop Shaking Your Head'
However, many were offended accusing the press secretary of being racist and sexist in his rant against the journalist. The testy moment came when Ryan tried to ask a question about Russian Federation .

Alexis Sanchez hands sensational boost to Chelsea in race to sign him
The Gunners are now six points off Liverpool, although they have two games in hand, and their only chance of silverware is in the FA Cup.

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.

Related news:

Hot News

Susan Rice sought 'detailed spreadsheets' on Trump aide calls
Apr 05, 2017 - 04:01
Until that occurs, however, claims that the unmasking was illegal or unethical remain premature and likely erroneous. He told the White House General Counsel's office about his findings, according to sources who asked not to be named.

isis-killer-beheading-video-story-top Director reveals he wanted to kill off Ripley
Apr 05, 2017 - 03:51
Fox bought the project as a pitch a year ago , and Scott Free will produce with Safehouse's Joby Harold and Tory Tunnell. Matthew Charman, who received a best original screenplay nomination for " Bridge of Spies ", is executive producing.

isis-killer-beheading-video-story-top Texas deputy constable fatally shot after arriving for work
Apr 05, 2017 - 03:49
Robert Soard, with the Harris County Attorney's Office , declined to comment. "It's very early on in the investigation". The shooting occurred about 7 Monday morning in Baytown and the deputy was airlifted to a hospital.

isis-killer-beheading-video-story-top Apple To Develop Its Own Graphics Chips; UK Partner's Stock Plummets
Apr 05, 2017 - 03:49
Up until now, Apple has been licensing the PowerVR graphics processors to power up the iPhone and iPad's gaming capabilities. The news was announced Monday by Imaginations Technologies , the company who now makes the graphic chips for the iPhone.

Trumps says he expects a health care deal soon
Apr 04, 2017 - 01:02
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.

Congress seen as not likely to pass tax overhaul quickly
Apr 04, 2017 - 00:46
It's unclear how they'd do that without compromising with Democrats, who now have little motivation to help Republicans. The White House suggested it would be one way to pay for the proposed wall along the U.S. -Mexico border.

2nd train derailment in weeks at Penn Station causes delays
Apr 04, 2017 - 00:45
NJ Transit suspended all service in and out of Penn Station as trains were diverted to Hoboken , officials said. For the second time in as many weeks, a train derailment has left Penn Station a commuter's nightmare.

Trump meets Egypt's president to talk ISIS, foreign aid
Apr 04, 2017 - 00:35
Making his first official visit to Washington since taking office in 2014, Abdel-Fattah el-Sissi's meeting this week with U.S. According to Freedom First, a nonpartisan Human Rights campaign, seven USA citizens are now imprisoned in Egypt.

isis-killer-beheading-video-story-top Twitter reacts to Jets' signing of journeyman QB Josh McCown
Apr 04, 2017 - 00:29
They'll need to lean on the veteran, who already has an ally in the coaching room, new quarterbacks coach Jeremy Bates. Ryan Fitzpatrick and Geno Smith - two of the quarterbacks who started in NY last season - are on the free-agent market.

isis-killer-beheading-video-story-top China says US trade orders should respect international rules
Apr 03, 2017 - 06:57
Ultimately, it could mean more jobs or job security in American manufacturing, but higher prices on goods across the nation. The surplus with the United States a year ago represented 68 per cent of Thailand's total trade surplus of $17.9 billion.

isis-killer-beheading-video-story-top Ford recalling 53000 trucks that can roll away while parked
Apr 03, 2017 - 06:53
At least vehicle 29 fires in the United States and Canada have been reported, but Ford said it is not aware of any injuries. On Wednesday , Ford recalled 211,000 vehicles in North America over potentially faulty side door latches.

isis-killer-beheading-video-story-top Teacher accused of having sex with teen is also pregnant
Apr 03, 2017 - 06:53
Other sexual meetups involved drinking alcohol, taking off their clothes together and the boy performing oral sex on Harper. She was arrested last week and charged for her alleged encounters with a 15-year-old boy who attended Byron Nelson HS.

Mourinho: We can't cry over players who are not available
Apr 02, 2017 - 00:11
The match continued in the same pattern after the break with West Brom soaking up United's timid attacking play. Before and after they are on holidays. "One team had the ball, one team didn't".

"Man United's Smalling and Jones out long-term â€" Mourinho
Apr 02, 2017 - 00:11
Chelsea are on holidays. "One team had the ball, one team didn't". "In 15 days' time maybe the Premier League is not important for us, maybe it is".

isis-killer-beheading-video-story-top Trump's Keystone XL Permit To Face Legal Challenge From Environmental Groups
Apr 01, 2017 - 00:17
But Barack Obama spent all eight years of his presidency prioritizing and championing the radical environmental cause. At that point it will connect to an existing pipeline network that will transport oil to the Gulf of Mexico region.