Jefferies raised the firm’s price target on Reckitt Benckiser to 4,100 GBp from 4,000 GBp and keeps an Underperform rating on the shares as the firm reviewed its estimates ahead of the Q1 report due on April 24. Consensus is “optimistic” and the Q1 report is “not likely” to trigger a shift in sentiment, the analyst tells investors in a preview note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RBGLY:
- Reckitt Benckiser price target lowered to 4,700 GBp at Morgan Stanley
- Reckitt Benckiser price target lowered to 5,500 GBp from 5,900 GBp at Citi
- Reckitt Benckiser downgraded to Hold from Buy at Kepler Cheuvreux
- Jefferies UK house/consumer products analyst analyst/industry conference call
- Reckitt Benckiser upgraded to Outperform from Neutral at Exane BNP Paribas