Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “neutral” rating restated by stock analysts at Goldman Sachs Group, Inc. (The) in a report released on Tuesday, October 17th. They currently have a GBX 7,920 ($104.51) price objective on the stock. Goldman Sachs Group, Inc. (The)’s price objective would suggest a potential upside of 19.28% from the stock’s current price.
Several other research firms have also recently commented on RB. JPMorgan Chase & Co. upped their price target on Reckitt Benckiser Group Plc from GBX 7,250 ($95.67) to GBX 7,300 ($96.33) and gave the stock a “neutral” rating in a research note on Tuesday, June 20th. Independent Research GmbH set a GBX 8,500 ($112.17) price objective on Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a report on Thursday, July 20th. Beaufort Securities raised Reckitt Benckiser Group Plc to a “hold” rating and set a GBX 8,000 ($105.57) price objective on the stock in a report on Thursday, July 20th. S&P Global set a GBX 8,000 ($105.57) price objective on Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a report on Thursday, July 20th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 8,500 ($112.17) price objective on shares of Reckitt Benckiser Group Plc in a report on Monday, June 19th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 7,769.09 ($102.52).
Shares of Reckitt Benckiser Group Plc (LON RB) traded up 2.41% on Tuesday, reaching GBX 6800.00. 769,773 shares of the company were exchanged. 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 company’s market capitalization is GBX 47.84 billion. The company’s 50-day moving average is GBX 6,875.97 and its 200-day moving average is GBX 7,383.68.
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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 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).
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