Barclays PLC reaffirmed their equal weight rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a report published on Friday. Barclays PLC currently has a GBX 7,200 ($89.11) target price on the stock.
Several other analysts also recently weighed in on RB. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Reckitt Benckiser Group Plc in a research note on Monday, June 13th. BNP Paribas reissued an outperform rating and issued a GBX 8,200 ($101.49) price objective on shares of Reckitt Benckiser Group Plc in a research note on Monday, June 27th. Societe Generale reissued a buy rating and issued a GBX 8,600 ($106.44) price objective on shares of Reckitt Benckiser Group Plc in a research note on Monday, June 27th. Goldman Sachs Group Inc. set a GBX 7,060 ($87.38) price objective on Reckitt Benckiser Group Plc and gave the stock a neutral rating in a research note on Tuesday, June 28th. Finally, Kepler Capital Markets dropped their price objective on Reckitt Benckiser Group Plc from GBX 7,500 ($92.82) to GBX 7,425 ($91.89) and set a buy rating on the stock in a research note on Wednesday, June 29th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Reckitt Benckiser Group Plc has a consensus rating of Hold and a consensus price target of GBX 7,639.08 ($94.54).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7377.00 on Friday. The firm has a 50-day moving average price of GBX 7,287.03 and a 200-day moving average price of GBX 7,105.24. 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’s market capitalization is GBX 52.01 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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