Reckitt Benckiser: UBS still a buyer
(CercleFinance.com) - UBS reinstates its "buy" rating on Reckitt Benckiser shares, maintaining its target price at 7,600 pence, which represents upside potential of 22% for the British health and household product group's shares.
The broker summarises, saying that it expects "further improvement in RKT's OTC in Q4, translating into a positive mix impact on gross margin".
The share is just afloat this morning, bang in line with the market in London.
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