UBS Group set a GBX 7,000 ($98.15) price target on Reckitt Benckiser Group (LON:RB) in a research note issued to investors on Thursday, January 11th, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
RB has been the topic of a number of other research reports. Goldman Sachs Group decreased their target price on shares of Reckitt Benckiser Group from GBX 8,130 ($113.99) to GBX 7,920 ($111.05) and set a neutral rating on the stock in a research report on Thursday, September 21st. Credit Suisse Group restated an outperform rating and set a GBX 7,700 ($107.96) target price on shares of Reckitt Benckiser Group in a research report on Friday, October 13th. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 6,900 ($96.75) price target on shares of Reckitt Benckiser Group in a research report on Wednesday, October 18th. Whitman Howard reiterated a buy rating and set a GBX 9,000 ($126.19) price target on shares of Reckitt Benckiser Group in a research report on Monday, October 16th. Finally, Societe Generale set a GBX 7,000 ($98.15) price target on shares of Reckitt Benckiser Group and gave the stock a neutral rating in a research report on Friday, October 20th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 7,568.64 ($106.12).
Reckitt Benckiser Group (LON RB) traded down GBX 159 ($2.23) during trading on Thursday, reaching GBX 6,555 ($91.91). 1,344,841 shares of the company’s stock traded hands, compared to its average volume of 1,010,000. The company has a market cap of $46,130.00 and a PE ratio of 2,192.31. Reckitt Benckiser Group has a 52-week low of GBX 6,299 ($88.32) and a 52-week high of GBX 8,110.43 ($113.72).
In other news, insider Adrian Nevil Hennah bought 2,285 shares of the stock in a transaction that occurred on Wednesday, November 8th. The stock was acquired at an average price of GBX 6,567 ($92.08) per share, with a total value of £150,055.95 ($210,398.14).
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About Reckitt Benckiser Group
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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