Reckitt Benckiser Group Plc (LON:RB) received a GBX 7,900 ($102.56) price objective from investment analysts at UBS AG in a research report issued to clients and investors on Monday, July 24th, www.boersen-zeitung.de reports. The brokerage presently has a “neutral” rating on the stock. UBS AG’s price objective would indicate a potential upside of 8.86% from the stock’s previous close.
A number of other equities analysts also recently commented on RB. Investec reissued a “sell” rating and issued a GBX 7,425 ($96.39) target price on shares of Reckitt Benckiser Group Plc in a research note on Monday, July 24th. Kepler Capital Markets reaffirmed a “buy” rating and set a GBX 8,100 ($105.15) price target on shares of Reckitt Benckiser Group Plc in a research note on Monday, July 24th. Independent Research GmbH set a GBX 8,500 ($110.35) price objective on shares of Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a report on Thursday, July 20th. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 7,300 ($94.77) price objective on shares of Reckitt Benckiser Group Plc in a report on Thursday, July 20th. Finally, S&P Global set a GBX 8,000 ($103.86) price target on shares of Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a report on Thursday, July 20th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 8,129.38 ($105.54).
Reckitt Benckiser Group Plc (RB) traded down 1.32% during mid-day trading on Monday, reaching GBX 7257.00. The company’s stock had a trading volume of 964,485 shares. The stock has a 50-day moving average price of GBX 7,571.65 and a 200-day moving average price of GBX 7,463.06. Reckitt Benckiser Group Plc has a one year low of GBX 6,496.00 and a one year high of GBX 8,110.43. The company’s market capitalization is GBX 51.05 billion.
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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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