Shares of Reckitt Benckiser Group plc (LON:RKT – Get Rating) have earned a consensus rating of “Buy” from the nine ratings firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price […]
Reckitt Benckiser Group (LON:RKT – Get Rating)‘s stock had its “overweight” rating reissued by JPMorgan Chase & Co. in a note issued to investors on Monday, Marketbeat reports. Several other research analysts have also issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 7,200 ($94.43) target price on […]
Reckitt Benckiser Group (LON:RKT – Get Rating)‘s stock had its “buy” rating reissued by investment analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Tuesday, MarketBeat.com reports. They presently have a GBX 7,200 ($94.43) price target on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 21.21% from the […]
28 April 2021 | 08:30am
StockMarketWire.com - UK stocks opened higher on a busy day for local corporate earnings brightened by pleasing updates from Lloyds and WPP that offset disappointing numbers from Sainsbury s and Reckitt Benckiser.
At 0821, the benchmark FTSE 100 index was up 24.66 points, or 0.4%, at 6,969.63.
High-street lender Lloyds rallied 4.4% to 45.5p, having reported a jump in first-quarter profit as bad debt provisions fell amid an ongoing economic recovery, offsetting lower income.
Lloyds also upgraded its guidance, forecasting its annual net interest margin to be in excess of 2.45% and its operating costs to fall to about £7.5 billion.
The bank said it was accruing dividends and intended to resume a progressive and sustainable ordinary dividend policy .