A number of other research firms have also recently weighed in on RB. JPMorgan Chase & Co. restated a neutral rating on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 12th. Liberum Capital restated a buy rating and issued a GBX 8,400 ($103.96) price target on shares of Reckitt Benckiser Group Plc in a research note on Monday, July 11th. Barclays PLC upgraded Reckitt Benckiser Group Plc to an equal weight rating and increased their price target for the company from GBX 5,900 ($73.02) to GBX 7,100 ($87.87) in a research note on Friday, July 8th. Credit Suisse Group AG increased their price target on Reckitt Benckiser Group Plc from GBX 7,600 ($94.06) to GBX 7,900 ($97.77) and gave the company an outperform rating in a research note on Monday, July 4th. Finally, Kepler Capital Markets increased their price target on Reckitt Benckiser Group Plc from GBX 7,425 ($91.89) to GBX 8,500 ($105.20) and gave the company a buy rating in a research note on Tuesday, July 5th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have given a buy rating to the stock. Reckitt Benckiser Group Plc currently has a consensus rating of Hold and a consensus target price of GBX 7,639.08 ($94.54).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7324.00 on Monday. The firm’s 50-day moving average is GBX 7,289.92 and its 200-day moving average is GBX 7,109.24. The firm’s market cap is GBX 51.64 billion. Reckitt Benckiser Group Plc has a 1-year low of GBX 5,839.08 and a 1-year high of GBX 7,786.00.
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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