Reckitt Benckiser Group Plc (RB) Given Average Rating of “Hold” by Analysts
Shares of Reckitt Benckiser Group Plc (LON:RB) have received a consensus rating of “Hold” from the twenty-four ratings firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 7,950.87 ($104.53).
Several analysts have recently weighed in on RB shares. Investec lowered their target price on Reckitt Benckiser Group Plc from GBX 7,150 ($94.00) to GBX 6,400 ($84.14) and set a “sell” rating for the company in a research note on Friday, October 6th. Jefferies Group LLC downgraded Reckitt Benckiser Group Plc to a “hold” rating and raised their target price for the company from GBX 7,750 ($101.89) to GBX 8,400 ($110.44) in a research note on Thursday, July 6th. Liberum Capital restated a “buy” rating and set a GBX 8,150 ($107.15) target price on shares of Reckitt Benckiser Group Plc in a research note on Wednesday, July 19th. J P Morgan Chase & Co set a GBX 6,900 ($90.72) target price on Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a research note on Thursday, September 28th. Finally, Kepler Capital Markets restated a “buy” rating and set a GBX 8,100 ($106.49) target price on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 18th.
Reckitt Benckiser Group Plc (LON RB) traded up 1.82% on Thursday, reaching GBX 7166.00. The company had a trading volume of 1,219,026 shares. The stock’s market capitalization is GBX 50.41 billion. Reckitt Benckiser Group Plc has a 12 month low of GBX 6,496.00 and a 12 month high of GBX 8,110.43. The firm has a 50-day moving average of GBX 7,019.24 and a 200-day moving average of GBX 7,419.15.
The business also recently disclosed a dividend, which was paid on Thursday, September 28th. Investors of record on Thursday, August 17th were paid a dividend of GBX 66.60 ($0.88) per share. The ex-dividend date of this dividend was Thursday, August 17th. This represents a dividend yield of 0.87%.
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 and DvM. 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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