Reckitt Benckiser Group (RB) Given “Buy” Rating at Liberum Capital
Reckitt Benckiser Group (LON:RB)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a report issued on Monday. They presently have a GBX 8,000 ($108.49) price objective on the stock. Liberum Capital’s price objective would indicate a potential upside of 17.60% from the stock’s current price.
A number of other equities research analysts also recently issued reports on the stock. UBS Group set a GBX 7,000 ($94.93) price target on shares of Reckitt Benckiser Group and gave the company a “neutral” rating in a research note on Thursday. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 7,500 ($101.71) price target on shares of Reckitt Benckiser Group in a research note on Wednesday, January 10th. Morgan Stanley set a GBX 9,000 ($122.05) price target on shares of Reckitt Benckiser Group and gave the company a “buy” rating in a research note on Tuesday, January 9th. Kepler Capital Markets reduced their price target on shares of Reckitt Benckiser Group from GBX 7,300 ($99.00) to GBX 7,000 ($94.93) and set a “hold” rating on the stock in a research note on Monday, January 8th. Finally, Goldman Sachs Group set a GBX 7,070 ($95.88) price target on shares of Reckitt Benckiser Group and gave the company a “neutral” rating in a research note on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 7,664.55 ($103.94).
Reckitt Benckiser Group (LON RB) traded up GBX 0.60 ($0.01) during trading on Monday, hitting GBX 6,802.60 ($92.25). 663,260 shares of the stock were exchanged, compared to its average volume of 1,170,000. The stock has a market cap of $47,870.00 and a P/E ratio of 2,275.12. Reckitt Benckiser Group has a twelve month low of GBX 6,299 ($85.42) and a twelve month high of GBX 8,110.43 ($109.99).
Reckitt Benckiser Group 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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