Goldman Sachs Group Inc. Analysts Give Reckitt Benckiser Group Plc (RB) a GBX 7,200 Price Target
Reckitt Benckiser Group Plc (LON:RB) received a GBX 7,200 ($89.11) price target from research analysts at Goldman Sachs Group Inc. in a note issued to investors on Friday. The firm presently has a a “neutral” rating on the stock. Goldman Sachs Group Inc.’s price objective points to a potential downside of 1.81% from the stock’s current price.
Several other equities research analysts also recently issued reports on RB. Shore Capital reissued a “hold” rating on shares of Reckitt Benckiser Group Plc in a research report on Friday, July 29th. Kepler Capital Markets reissued a “buy” rating on shares of Reckitt Benckiser Group Plc in a research report on Friday. Jefferies Group reissued a “buy” rating and set a GBX 8,300 ($102.72) price objective on shares of Reckitt Benckiser Group Plc in a research report on Monday. HSBC increased their price objective on shares of Reckitt Benckiser Group Plc from GBX 8,100 ($100.25) to GBX 8,280 ($102.48) and gave the stock a “buy” rating in a research report on Monday, August 1st. Finally, Berenberg Bank set a GBX 7,800 ($96.53) price objective on shares of Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a research report on Monday, August 1st. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 7,639.08 ($94.54).
Reckitt Benckiser Group Plc (LON:RB) opened at 7410.00 on Friday. The firm’s 50-day moving average is GBX 7,284.06 and its 200-day moving average is GBX 7,108.52. The firm’s market cap is GBX 52.25 billion. Reckitt Benckiser Group Plc has a 52-week low of GBX 5,839.08 and a 52-week high of GBX 7,786.00.
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About Reckitt Benckiser Group Plc
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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