Accueil > Actualité
Actualite financiere : Actualite bourse

Reckitt Benckiser: Jefferies upgrades stock

(CercleFinance.com) - Jefferies has upgraded its rating on the share of British consumer goods company Reckitt Benckiser from "underperform" to "hold" with a target price of 5970 pence, highlighting the share's drop of almost 20% since the 9 November vaccine news.


"While RB might have expected a more positive reaction to confident FY21 guidance and trademark clear communication, for us the big questions haven't gone away", the broker says.

"Meanwhile macro factors, in the form of a rising 10Y, strengthening £ and appetite for recovery plays, are all unhelpful. But this now seems fairly priced in", it adds.



Copyright (c) 2021 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.