Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “neutral” rating reiterated by analysts at JPMorgan Chase & Co. in a research note issued on Wednesday. They currently have a GBX 7,100 ($92.68) price objective on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential downside of 1.46% from the stock’s current price.
Other equities analysts have also recently issued research reports about the company. Societe Generale reiterated a ” buy” rating on shares of Reckitt Benckiser Group Plc in a report on Monday, August 1st. HSBC restated a “buy” rating and set a GBX 8,100 ($105.73) price objective on shares of Reckitt Benckiser Group Plc in a report on Thursday, June 30th. Kepler Capital Markets dropped their price objective on Reckitt Benckiser Group Plc from GBX 7,500 ($97.90) to GBX 7,425 ($96.92) and set a “buy” rating for the company in a report on Wednesday, June 29th. Liberum Capital restated a “buy” rating and set a GBX 8,000 ($104.43) price objective on shares of Reckitt Benckiser Group Plc in a report on Tuesday, July 5th. Finally, Credit Suisse Group AG set a GBX 7,950 ($103.77) price objective on Reckitt Benckiser Group Plc and gave the company a “buy” rating in a report on Monday, July 18th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 7,631.58 ($99.62).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7200.00 on Wednesday. The stock’s market capitalization is GBX 50.77 billion. Reckitt Benckiser Group Plc has a 1-year low of GBX 5,788.00 and a 1-year high of GBX 7,786.00. The stock has a 50 day moving average price of GBX 7,331.28 and a 200-day moving average price of GBX 7,065.83.
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).
Receive News & Ratings for Reckitt Benckiser Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reckitt Benckiser Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.