Reckitt Benckiser Group Plc (LON:RB) has been given a GBX 7,200 ($93.47) target price by analysts at J P Morgan Chase & Co in a research note issued on Tuesday, August 8th. The brokerage presently has a “neutral” rating on the stock. J P Morgan Chase & Co’s price objective points to a potential downside of 0.79% from the company’s previous close.
Several other analysts also recently commented on the stock. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 8,000 ($103.86) price objective on shares of Reckitt Benckiser Group Plc in a research report on Friday, April 28th. Societe Generale set a GBX 8,900 ($115.54) target price on Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a report on Thursday, June 22nd. Citigroup Inc. reiterated a “buy” rating and issued a GBX 9,100 ($118.14) target price on shares of Reckitt Benckiser Group Plc in a report on Tuesday, June 6th. Barclays PLC cut their target price on Reckitt Benckiser Group Plc from GBX 7,230 ($93.86) to GBX 7,100 ($92.17) and set an “equal weight” rating on the stock in a report on Wednesday, April 26th. Finally, Investec reiterated a “sell” rating and issued a GBX 7,425 ($96.39) target price on shares of Reckitt Benckiser Group Plc in a report on Monday, July 24th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 8,129.38 ($105.54).
Shares of Reckitt Benckiser Group Plc (RB) opened at 7257.00 on Tuesday. The company’s 50 day moving average is GBX 7,571.65 and its 200-day moving average is GBX 7,463.06. Reckitt Benckiser Group Plc has a 12 month low of GBX 6,496.00 and a 12 month high of GBX 8,110.43. The company’s market cap is GBX 51.05 billion.
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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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