Analysts at Citigroup Reiterate their “Buy” rating for Reckitt Benckiser Group PLC (LON:RB) with GBX 7900.00 TP; 683 Capital Management Cut Durect (DRRX) Stake

London: In a research note issued to clients and investors on Wednesday, 7 February, Citigroup restate their “Buy” rating on shares of Reckitt Benckiser Group PLC (LON:RB). They currently have a GBX 7900.00 target price on the firm. Citigroup’s target gives a potential upside of 21.95% from the company’s last close price.

683 Capital Management Llc decreased Durect Corp (DRRX) stake by 38.09% reported in 2017Q3 SEC filing. 683 Capital Management Llc sold 815,144 shares as Durect Corp (DRRX)’s stock rose 21.78%. The 683 Capital Management Llc holds 1.32 million shares with $2.35M value, down from 2.14M last quarter. Durect Corp now has $164.89 million valuation. The stock increased 2.78% or $0.03 during the last trading session, reaching $1.11. About 409,181 shares traded. DURECT Corporation (NASDAQ:DRRX) has risen 7.89% since February 7, 2017 and is uptrending. It has underperformed by 8.81% the S&P500.

Investors sentiment increased to 2.05 in Q3 2017. Its up 0.57, from 1.48 in 2017Q2. It increased, as 6 investors sold DRRX shares while 16 reduced holdings. 18 funds opened positions while 27 raised stakes. 65.27 million shares or 3.59% more from 63.01 million shares in 2017Q2 were reported. Legal General Group Inc Public Ltd stated it has 0% of its portfolio in DURECT Corporation (NASDAQ:DRRX). Prelude Capital Mngmt Ltd Liability Com stated it has 467,403 shares. Metropolitan Life Insur Communication Ny owns 95,663 shares. Barclays Pcl stated it has 8,258 shares or 0% of all its holdings. Int Grp Inc holds 91,923 shares or 0% of its portfolio. Amalgamated Bank & Trust has 17,165 shares for 0% of their portfolio. Deutsche State Bank Ag reported 0% stake. State Board Of Administration Of Florida Retirement Systems reported 64,381 shares or 0% of all its holdings. State Street Corp has invested 0% in DURECT Corporation (NASDAQ:DRRX). Manufacturers Life Insur The owns 116,080 shares or 0% of their US portfolio. Credit Suisse Ag reported 94,746 shares stake. Bridgeway Cap Mgmt holds 474,000 shares. First Quadrant Ltd Partnership Ca reported 29,843 shares stake. Ingalls & Snyder Limited Liability Com holds 0.59% or 6.43M shares. Prudential Fin holds 0% of its portfolio in DURECT Corporation (NASDAQ:DRRX) for 13,260 shares.

683 Capital Management Llc increased Alps Etf Tr (Put) (AMLP) stake by 1.18 million shares to 1.75M valued at $19.64 million in 2017Q3. It also upped Fogo De Chao Inc stake by 200,000 shares and now owns 950,000 shares. Adverum Biotechnologies Inc was raised too.

Among 3 analysts covering Durect (NASDAQ:DRRX), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Durect has $4 highest and $300 lowest target. $3.50’s average target is 215.32% above currents $1.11 stock price. Durect had 6 analyst reports since April 25, 2016 according to SRatingsIntel. The stock of DURECT Corporation (NASDAQ:DRRX) has “Neutral” rating given on Friday, October 20 by H.C. Wainwright. The stock of DURECT Corporation (NASDAQ:DRRX) earned “Buy” rating by H.C. Wainwright on Friday, June 23. The firm earned “Hold” rating on Friday, October 20 by Stifel Nicolaus. The firm has “Buy” rating given on Monday, April 25 by Rodman & Renshaw. The firm has “Buy” rating given on Monday, August 14 by H.C. Wainwright. Stifel Nicolaus upgraded DURECT Corporation (NASDAQ:DRRX) on Wednesday, July 12 to “Buy” rating.

Analysts await DURECT Corporation (NASDAQ:DRRX) to report earnings on March, 13. They expect $-0.05 earnings per share, up 16.67% or $0.01 from last year’s $-0.06 per share. After $0.04 actual earnings per share reported by DURECT Corporation for the previous quarter, Wall Street now forecasts -225.00% negative EPS growth.

The stock increased 0.28% or GBX 18 during the last trading session, reaching GBX 6470. About 183,469 shares traded. Reckitt Benckiser Group plc (LON:RB) has 0.00% since February 7, 2017 and is . It has underperformed by 16.70% the S&P500.