Reckitt (RKT) Gets a Hold from Berenberg Bank
Berenberg Bank analyst Bethan Davies maintained a Hold rating on Reckitt yesterday and set a price target of p5,647.00. The company’s shares closed yesterday at p5,890.00.
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According to TipRanks, Davies is ranked #5199 out of 10041 analysts.
In addition to Berenberg Bank, Reckitt also received a Hold from Deutsche Bank ‘s Tom Sykes in a report issued yesterday. However, on October 22, RBC Capital reiterated a Buy rating on Reckitt (LSE: RKT).
RKT market cap is currently £39.73B and has a P/E ratio of 32.41.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RKT in relation to earlier this year.
Read More on GB:RKT:
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- Reckitt Benckiser price target raised to 5,700 GBp at Deutsche Bank
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- Reckitt Benckiser Announces Share Repurchase to Optimize Capital Structure
- Reckitt Benckiser price target raised to 6,400 GBp at RBC Capital
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