Reckitt Benckiser Group Plc (RB) Given Average Recommendation of “Hold” by Brokerages

Shares of Reckitt Benckiser Group Plc (LON:RB) have earned an average rating of “Hold” from the twenty-three ratings firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 7,798.57 ($102.57).

RB has been the topic of a number of research analyst reports. Whitman Howard reissued a “buy” rating and issued a GBX 9,000 ($118.37) price target on shares of Reckitt Benckiser Group Plc in a research note on Wednesday, July 19th. Kepler Capital Markets reissued a “buy” rating and issued a GBX 8,100 ($106.54) price target on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 18th. Liberum Capital restated a “buy” rating and issued a GBX 8,150 ($107.19) price objective on shares of Reckitt Benckiser Group Plc in a report on Wednesday, July 12th. Deutsche Bank AG restated a “buy” rating and issued a GBX 8,500 ($111.80) price objective on shares of Reckitt Benckiser Group Plc in a report on Monday, July 24th. Finally, Macquarie restated a “buy” rating and issued a GBX 9,000 ($118.37) price objective on shares of Reckitt Benckiser Group Plc in a report on Wednesday, August 2nd.

Shares of Reckitt Benckiser Group Plc (LON:RB) traded down GBX 37 ($0.49) during trading hours on Monday, reaching GBX 6,546 ($86.10). The company’s stock had a trading volume of 1,667,602 shares, compared to its average volume of 1,500,000. Reckitt Benckiser Group Plc has a 12-month low of GBX 6,496 ($85.44) and a 12-month high of GBX 8,110.43 ($106.67).

In other Reckitt Benckiser Group Plc news, insider Christopher Sinclair purchased 2,800 shares of Reckitt Benckiser Group Plc stock in a transaction on Wednesday, November 1st. The stock was bought at an average price of GBX 6,597 ($86.77) per share, for a total transaction of £184,716 ($242,951.47).

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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).

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

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