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Berenberg Bank Sticks to Their Hold Rating for Reckitt Benckiser Group (RBGLY)

Tipranks - Tipranks - Thu Mar 12, 1:38AM CDT

Berenberg Bank analyst maintained a Hold rating on Reckitt Benckiser Group yesterday and set a price target of $14.70. The company’s shares closed yesterday at $14.75.

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In addition to Berenberg Bank, Reckitt Benckiser Group also received a Hold from TipRanks – OpenAI’s OpenAI Household and Personal Products in a report issued yesterday. However, on the same day, TipRanks – Google reiterated a Buy rating on Reckitt Benckiser Group (Other OTC: RBGLY).

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Based on Reckitt Benckiser Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.18 billion and a net profit of $2.21 billion. In comparison, last year the company earned a revenue of $7 billion and had a net profit of $284 million

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