Citi analyst Cedric Besnard reinstated coverage of Reckitt Benckiser (RBGLY) with a Buy rating and 7,000 GBp price target The firm says the shares still offer “the right defensive catalyst path” with limited downside risk to estimates.
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Read More on RBGLY:
- Reckitt: Solid Fundamentals but Full Valuation Leave Risk‑Reward Balanced, Justifying Hold Rating
- Reckitt Benckiser price target raised to 5,900 GBp from 5,500 GBp at Jefferies
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- Reckitt Benckiser downgraded to Equal Weight from Overweight at Morgan Stanley
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