Reckitt Benckiser Group Plc (RB) Price Target Increased to GBX 8,000 by Analysts at Credit Suisse Group AG
Reckitt Benckiser Group Plc (LON:RB) had its price target hoisted by Credit Suisse Group AG from GBX 7,950 ($98.39) to GBX 8,000 ($99.01) in a report issued on Tuesday. The firm presently has an “outperform” rating on the stock. Credit Suisse Group AG’s price objective indicates a potential upside of 9.66% from the company’s current price.
Other analysts have also recently issued research reports about the stock. Societe Generale restated a “buy” rating on shares of Reckitt Benckiser Group Plc in a report on Friday, September 9th. Barclays PLC restated an “equal weight” rating and set a GBX 7,100 ($87.87) target price on shares of Reckitt Benckiser Group Plc in a report on Wednesday, September 14th. Deutsche Bank AG restated a “buy” rating and set a GBX 7,500 ($92.82) target price on shares of Reckitt Benckiser Group Plc in a report on Wednesday, August 24th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Reckitt Benckiser Group Plc in a report on Tuesday, October 4th. Finally, Royal Bank Of Canada restated a “sector performer” rating and set a GBX 7,400 ($91.58) target price on shares of Reckitt Benckiser Group Plc in a report on Friday, September 9th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 7,639.08 ($94.54).
Reckitt Benckiser Group Plc Company Profile
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).
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