Reckitt Benckiser Group Plc (RB) Given a GBX 7,800 Price Target by S&P Global Inc. Analysts
Reckitt Benckiser Group Plc (LON:RB) received a GBX 7,800 ($95.06) price objective from S&P Global Inc. in a note issued to investors on Wednesday. The brokerage presently has a a “neutral” rating on the stock. S&P Global Inc.’s price target would indicate a potential upside of 6.46% from the stock’s current price.
Several other research firms have also commented on RB. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 12th. Liberum Capital reissued a “buy” rating and set a GBX 8,400 ($102.38) target price on shares of Reckitt Benckiser Group Plc in a research note on Monday, July 11th. Barclays PLC raised shares of Reckitt Benckiser Group Plc to an “equal weight” rating and boosted their target price for the company from GBX 5,900 ($71.91) to GBX 7,100 ($86.53) in a research note on Friday, July 8th. Credit Suisse Group AG boosted their target price on shares of Reckitt Benckiser Group Plc from GBX 7,600 ($92.63) to GBX 7,900 ($96.28) and gave the company an “outperform” rating in a research note on Monday, July 4th. Finally, Kepler Capital Markets boosted their target price on shares of Reckitt Benckiser Group Plc from GBX 7,425 ($90.49) to GBX 8,500 ($103.60) and gave the company a “buy” rating in a research note on Tuesday, July 5th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 7,655.75 ($93.31).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7135.00 on Wednesday. The company’s 50-day moving average is GBX 7,282.59 and its 200 day moving average is GBX 7,126.73. The stock’s market capitalization is GBX 50.31 billion. Reckitt Benckiser Group Plc has a 12 month low of GBX 5,839.08 and a 12 month high of GBX 7,786.00.
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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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