Reckitt Benckiser Group Plc (RB) Receives Consensus Rating of “Hold” from Analysts

Reckitt Benckiser Group Plc (LON:RB) has received a consensus recommendation of “Hold” from the twenty-three analysts that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 7,614.55 ($103.26).

A number of analysts have weighed in on the company. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 7,500 ($101.71) price objective on shares of Reckitt Benckiser Group in a research report on Thursday. Berenberg Bank set a GBX 7,900 ($107.13) price target on Reckitt Benckiser Group and gave the company a “buy” rating in a report on Friday. UBS Group set a GBX 7,250 ($98.32) price target on Reckitt Benckiser Group and gave the company a “neutral” rating in a report on Wednesday, October 18th. Kepler Capital Markets reissued a “hold” rating and issued a GBX 7,300 ($99.00) price target on shares of Reckitt Benckiser Group in a report on Wednesday, October 18th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 8,000 ($108.49) price target on shares of Reckitt Benckiser Group in a report on Tuesday, December 19th.

Reckitt Benckiser Group (LON RB) traded up GBX 120 ($1.63) during trading on Friday, reaching GBX 6,913 ($93.75). The company’s stock had a trading volume of 1,993,768 shares, compared to its average volume of 1,100,000. Reckitt Benckiser Group has a 52 week low of GBX 6,299 ($85.42) and a 52 week high of GBX 8,110.43 ($109.99). The firm has a market cap of $48,640.00 and a PE ratio of 2,312.04.

In related news, insider Adrian Nevil Hennah purchased 2,285 shares of the company’s stock in a transaction on Wednesday, November 8th. The stock was bought at an average price of GBX 6,567 ($89.06) per share, with a total value of £150,055.95 ($203,493.29). Also, insider Christopher Sinclair purchased 2,800 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were bought at an average cost of GBX 6,597 ($89.46) per share, with a total value of £184,716 ($250,496.34).

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About Reckitt Benckiser Group

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).

Analyst Recommendations for Reckitt Benckiser Group (LON:RB)

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