Goldman Sachs Group Inc. set a GBX 7,200 ($87.75) target price on Reckitt Benckiser Group Plc (LON:RB) in a report released on Friday morning. The brokerage currently has a a neutral rating on the stock.
Other equities research analysts have also recently issued reports about the company. Societe Generale restated a buy rating on shares of Reckitt Benckiser Group Plc in a report on Monday, August 1st. Credit Suisse Group AG set a GBX 7,950 ($96.89) target price on Reckitt Benckiser Group Plc and gave the company a buy rating in a report on Monday, July 18th. Kepler Capital Markets dropped their target price on Reckitt Benckiser Group Plc from GBX 7,500 ($91.41) to GBX 7,425 ($90.49) and set a buy rating for the company in a report on Wednesday, June 29th. HSBC restated a buy rating and set a GBX 8,100 ($98.72) target price on shares of Reckitt Benckiser Group Plc in a report on Thursday, June 30th. Finally, Liberum Capital reaffirmed a buy rating and set a GBX 8,000 ($97.50) price target on shares of Reckitt Benckiser Group Plc in a research report on Tuesday, July 5th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and fourteen have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of GBX 7,655.75 ($93.31).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7137.22 on Friday. Reckitt Benckiser Group Plc has a 52 week low of GBX 5,839.08 and a 52 week high of GBX 7,786.00. The firm has a 50-day moving average price of GBX 7,282.59 and a 200-day moving average price of GBX 7,126.73. The firm’s market cap is GBX 50.32 billion.
About Reckitt Benckiser Group Plc
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).
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