Reckitt Benckiser Group Plc’s (RB) Buy Rating Reaffirmed at Citigroup Inc

Citigroup Inc reissued their buy rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a research note published on Tuesday. Citigroup Inc currently has a GBX 9,100 ($117.59) price target on the stock.

Other research analysts also recently issued reports about the company. Numis Securities Ltd raised Reckitt Benckiser Group Plc to an add rating and set a GBX 8,000 ($103.37) price target on the stock in a research report on Tuesday, February 7th. Kepler Capital Markets dropped their price target on Reckitt Benckiser Group Plc from GBX 8,500 ($109.83) to GBX 8,100 ($104.66) and set a buy rating on the stock in a research report on Wednesday, February 15th. Berenberg Bank lifted their price target on Reckitt Benckiser Group Plc from GBX 7,900 ($102.08) to GBX 8,500 ($109.83) and gave the stock a buy rating in a research report on Tuesday, February 14th. Jefferies Group LLC lifted their price target on Reckitt Benckiser Group Plc from GBX 7,750 ($100.14) to GBX 8,000 ($103.37) and gave the stock a buy rating in a research report on Monday, February 13th. Finally, Whitman Howard reaffirmed a buy rating and issued a GBX 9,000 ($116.29) price target on shares of Reckitt Benckiser Group Plc in a research report on Friday, February 10th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and fourteen have issued a buy rating to the company’s stock. Reckitt Benckiser Group Plc presently has an average rating of Buy and an average price target of GBX 7,995.91 ($103.32).

Analyst Recommendations for Reckitt Benckiser Group Plc (LON:RB)

Shares of Reckitt Benckiser Group Plc (LON RB) traded down 1.63% during mid-day trading on Tuesday, reaching GBX 7976.00. 1,371,344 shares of the company’s stock traded hands. The firm has a 50-day moving average price of GBX 7,510.86 and a 200-day moving average price of GBX 7,138.21. The company’s market capitalization is GBX 55.84 billion. Reckitt Benckiser Group Plc has a 1-year low of GBX 6,496.00 and a 1-year high of GBX 8,110.43.

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In other news, insider Rakesh Kapoor sold 58,094 shares of the business’s stock in a transaction on Friday, May 5th. The stock was sold at an average price of GBX 7,150 ($92.39), for a total transaction of £4,153,721 ($5,367,258.04). Also, insider Adrian Bellamy bought 554 shares of the company’s stock in a transaction dated Friday, May 19th. The shares were purchased at an average price of GBX 7,607 ($98.29) per share, with a total value of £42,142.78 ($54,455.07).

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).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:RB”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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