(CercleFinance.com) – Barclays reiterates its ‘overweight’ recommendation on Reckitt Benckiser despite an adjusted price target of 77 to 74 pounds sterling, continuing to like the group and believe it can ‘generate reliable earnings growth at starting next year’.
‘The strong growth in hygiene and health should compensate for the weakness in nutrition,’ estimates the broker, which forecasts organic sales growth for the British group of 3.2% in the third quarter and 4.9% for all of 2023.
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