date:Mar 22, 2013
ct further acquisitions in this space to accelerate the process.
Reckitt Benckiser has a price momentum of 93 out of 100, according to Thomson Reuters StarMine data, but trades at a Price/EPS discount to peers Beiersdorf, Unilever and L'Oreal.
Although Danone is not seen as keeping up with Reckitt's outperformance in the near term, it is retained as a 'buy'.
Meanwhile Citi upgrades the world's biggest food group Nestle to buy and raises its raiting on the maker of Nivea face creams Beiersdorf