Brokerages Set Reckitt Benckiser Group Plc (RB) PT at $7,893.04

Shares of Reckitt Benckiser Group Plc (LON:RB) have received an average recommendation of “Buy” from the twenty-five research firms that are presently covering the company. One investment analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and fifteen have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 7,945 ($98.12).

RB has been the subject of a number of research reports. Goldman Sachs Group Inc increased their target price on Reckitt Benckiser Group Plc from GBX 7,350 ($90.77) to GBX 7,430 ($91.76) and gave the company a “neutral” rating in a research report on Friday, December 2nd. Berenberg Bank reiterated a “hold” rating and set a GBX 7,800 ($96.33) target price on shares of Reckitt Benckiser Group Plc in a research report on Monday, December 5th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 6,750 ($83.36) target price on shares of Reckitt Benckiser Group Plc in a research report on Wednesday, December 7th. Morgan Stanley set a GBX 8,400 ($103.74) target price on Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a research report on Wednesday, December 7th. Finally, Jefferies Group LLC lowered their target price on Reckitt Benckiser Group Plc from GBX 8,300 ($102.51) to GBX 7,750 ($95.71) and set a “buy” rating for the company in a research report on Tuesday, December 13th.

Reckitt Benckiser Group Plc (LON:RB) opened at 7293.00 on Friday. The stock’s market capitalization is GBX 51.23 billion. Reckitt Benckiser Group Plc has a 52 week low of GBX 6,496.00 and a 52 week high of GBX 7,786.00. The company has a 50 day moving average of GBX 7,231.62 and a 200 day moving average of GBX 7,045.19.

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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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