Reckitt Benckiser Group Plc (RB) Given Average Rating of “Hold” by Brokerages

Shares of Reckitt Benckiser Group Plc (LON:RB) have earned a consensus rating of “Hold” from the twenty-four ratings firms that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 7,582.61 ($104.76).

Several research firms recently issued reports on RB. Goldman Sachs Group reiterated a “neutral” rating and issued a GBX 7,920 ($109.42) target price on shares of Reckitt Benckiser Group in a research note on Tuesday, October 17th. Liberum Capital reiterated a “buy” rating and issued a GBX 8,700 ($120.20) target price on shares of Reckitt Benckiser Group in a research note on Tuesday, October 17th. Kepler Capital Markets reiterated a “hold” rating and issued a GBX 7,300 ($100.86) target price on shares of Reckitt Benckiser Group in a research note on Wednesday, October 18th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 6,900 ($95.33) target price on shares of Reckitt Benckiser Group in a research note on Wednesday, October 18th. Finally, UBS Group set a GBX 7,250 ($100.17) target price on shares of Reckitt Benckiser Group and gave the company a “neutral” rating in a research note on Wednesday, October 18th.

Shares of Reckitt Benckiser Group (LON RB) traded down GBX 61 ($0.84) during midday trading on Wednesday, reaching GBX 6,323 ($87.36). 1,273,562 shares of the company’s stock traded hands, compared to its average volume of 1,160,000. Reckitt Benckiser Group has a twelve month low of GBX 6,271 ($86.64) and a twelve month high of GBX 8,110.43 ($112.05). The firm has a market cap of $44,520.00 and a PE ratio of 2,114.72.

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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).

Analyst Recommendations for Reckitt Benckiser Group (LON:RB)

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