Reckitt Benckiser Group Plc (RB) Price Target Lowered to GBX 8,000 at Liberum Capital

Reckitt Benckiser Group Plc (LON:RB) had its price target decreased by Liberum Capital from GBX 8,700 ($114.81) to GBX 8,000 ($105.57) in a research report released on Wednesday. Liberum Capital currently has a buy rating on the stock.

A number of other research firms have also recently commented on RB. Investec decreased their price target on Reckitt Benckiser Group Plc from GBX 7,150 ($94.35) to GBX 6,400 ($84.46) and set a sell rating on the stock in a research note on Friday, October 6th. Jefferies Group LLC cut Reckitt Benckiser Group Plc to a hold rating and upped their price target for the stock from GBX 7,750 ($102.27) to GBX 8,400 ($110.85) in a research note on Thursday, July 6th. J P Morgan Chase & Co set a GBX 6,900 ($91.05) price target on Reckitt Benckiser Group Plc and gave the stock a neutral rating in a research note on Thursday, September 28th. Kepler Capital Markets restated a buy rating and set a GBX 8,100 ($106.89) price target on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 18th. Finally, S&P Global set a GBX 8,000 ($105.57) price target on Reckitt Benckiser Group Plc and gave the stock a neutral rating in a research note on Thursday, July 20th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of GBX 7,769.09 ($102.52).

Reckitt Benckiser Group Plc (LON:RB) traded up 0.91% on Wednesday, reaching GBX 6640.00. The company’s stock had a trading volume of 1,682,922 shares. The company has a 50 day moving average of GBX 6,888.19 and a 200 day moving average of GBX 7,388.92. Reckitt Benckiser Group Plc has a 52 week low of GBX 6,496.00 and a 52 week high of GBX 8,110.43. The firm’s market capitalization is GBX 46.71 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 and DvM. 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).

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

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