Reckitt Benckiser Group Plc (RB) PT Set at GBX 8,900 by Societe Generale
Reckitt Benckiser Group Plc (LON:RB) has been given a GBX 8,900 ($113.39) price objective by equities researchers at Societe Generale in a report released on Thursday. The brokerage currently has a “neutral” rating on the stock. Societe Generale’s target price suggests a potential upside of 12.97% from the stock’s current price.
RB has been the topic of several other reports. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 7,800 ($99.38) target price on shares of Reckitt Benckiser Group Plc in a research report on Wednesday, March 1st. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 8,000 ($101.92) target price on shares of Reckitt Benckiser Group Plc in a research report on Friday, April 28th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Reckitt Benckiser Group Plc in a research report on Monday, March 27th. Shore Capital reaffirmed a “hold” rating on shares of Reckitt Benckiser Group Plc in a research report on Friday, April 21st. Finally, Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 7,230 ($92.11) target price on shares of Reckitt Benckiser Group Plc in a research report on Friday, March 31st. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company’s stock. Reckitt Benckiser Group Plc currently has an average rating of “Buy” and an average price target of GBX 8,102.73 ($103.23).
Reckitt Benckiser Group Plc (LON RB) opened at 7837.00 on Thursday. The stock’s market capitalization is GBX 54.86 billion. Reckitt Benckiser Group Plc has a 52-week low of GBX 6,496.00 and a 52-week high of GBX 8,110.43. The company has a 50-day moving average of GBX 7,682.51 and a 200-day moving average of GBX 7,220.23.
In related news, insider Rakesh Kapoor sold 58,094 shares of the stock in a transaction on Friday, May 5th. The stock was sold at an average price of GBX 7,150 ($91.09), for a total value of £4,153,721 ($5,292,038.48). Also, insider Adrian Bellamy purchased 554 shares of the firm’s stock in a transaction that occurred on Friday, May 19th. The stock was bought at an average price of GBX 7,607 ($96.92) per share, with a total value of £42,142.78 ($53,691.91).
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).
Receive News & Ratings for Reckitt Benckiser Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reckitt Benckiser Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.