Several other analysts also recently issued reports on RB. Barclays PLC raised shares of Reckitt Benckiser Group Plc to an equal weight rating and upped their price objective for the stock from GBX 5,900 ($77.01) to GBX 7,100 ($92.68) in a report on Friday, July 8th. JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 7,000 ($91.37) price objective on shares of Reckitt Benckiser Group Plc in a report on Friday, July 22nd. Citigroup Inc. set a GBX 8,650 ($112.91) price objective on shares of Reckitt Benckiser Group Plc and gave the stock a buy rating in a report on Wednesday, August 31st. Numis Securities Ltd reaffirmed a hold rating and set a GBX 7,720 ($100.77) price objective on shares of Reckitt Benckiser Group Plc in a report on Monday, July 18th. Finally, Deutsche Bank AG reaffirmed a buy rating and set a GBX 7,500 ($97.90) price objective on shares of Reckitt Benckiser Group Plc in a report on Monday, August 1st. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of GBX 7,631.58 ($99.62).
Reckitt Benckiser Group Plc (LON:RB) traded up 0.30% during midday trading on Friday, reaching GBX 7287.00. 655,119 shares of the company traded hands. The stock’s market capitalization is GBX 51.38 billion. The firm has a 50 day moving average of GBX 7,329.89 and a 200-day moving average of GBX 7,069.78. Reckitt Benckiser Group Plc has a 12 month low of GBX 5,839.08 and a 12 month high of GBX 7,786.00.
Reckitt Benckiser Group Plc Company Profile
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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