When they felt slightly less wealthy they cut back on life's luxuries rather than essentials, as investors in global spirits giant Diageo and fashion house Burberry Group can testify. Reckitt Benckiser has shown a clean pair of heals to race ahead 111 ...
I'd be among the first to encourage fellow investors to adopt a balanced approach to their investing, with a portfolio consisting of both growth shares and stocks considered to be more defensive such as Unilever(LSE: ULVR) and Reckitt Benckiser(LSE: RB).
LONDON--Consumer goods giant Reckitt Benckiser Group PLC (RB.LN) said Wednesday that it is targeting full-year like-for-like sales growth of 4%, after reporting a modest rise in third quarter comparable sales.
Yet shares in Unilever(LSE: ULVR), PZ Cussons(LSE: PZC) and Reckitt Benckiser(LSE: RB) did manage to escape much of the broader market decline and are currently showing impressive double-digit returns for the year.
Reckitt Benckiser Group Plc logo Reckitt Benckiser Group Plc (LON:RB) had its price target lifted by research analysts at BNP Paribas from GBX 7,800 ($95.06) to GBX 8,200 ($99.94) in a report released on Friday.
If you've ever opened an investment account, brought a fund or used any kind of financial product, it's almost a certainty that you will have seen the disclaimer: "past performance is not indicative of future results.