Bernstein upgraded Reckitt Benckiser (RBGLY) to Outperform from Market Perform with a price target of 6,500 GBp, up from 5,500 GBp. The firm says relative valuations remain in the European food space at “remarkably attractive levels relative to history” heading into the Q2 reports.
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Read More on RBGLY:
- Reckitt Benckiser weighs new options to sell Essential Home unit, Reuters says
- Reckitt Benckiser price target lowered to 5,000 GBp from 5,100 GBp at Jefferies
- Reckitt’s Uncertain Outlook: Hold Rating Amid Strategic and Operational Challenges
- Reckitt Faces Mixed Legal Outcomes: Hold Rating Reflects Cautious Stance Amid Ongoing Litigation Uncertainty
- Reckitt Benckiser price target lowered to 5,400 GBp from 5,700 GBp at Citi
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