Cfra set a GBX 7,500 ($103.62) price target on Reckitt Benckiser Group (LON:RB) in a report issued on Tuesday, February 6th. The firm currently has a buy rating on the stock.
Several other analysts have also recently issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Reckitt Benckiser Group to an overweight rating and increased their target price for the stock from GBX 6,900 ($95.33) to GBX 7,500 ($103.62) in a research note on Wednesday, November 22nd. Liberum Capital lowered their target price on shares of Reckitt Benckiser Group from GBX 8,700 ($120.20) to GBX 8,000 ($110.53) and set a buy rating on the stock in a research note on Wednesday, October 25th. Royal Bank of Canada set a GBX 5,600 ($77.37) price objective on shares of Reckitt Benckiser Group and gave the company a sell rating in a research report on Friday, October 20th. Morgan Stanley set a £100 ($138.16) price target on shares of Reckitt Benckiser Group and gave the stock a buy rating in a report on Wednesday, October 11th. Finally, Deutsche Bank reissued a buy rating and issued a GBX 8,250 ($113.98) price target on shares of Reckitt Benckiser Group in a report on Tuesday, January 23rd. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the stock. Reckitt Benckiser Group currently has an average rating of Hold and an average target price of GBX 7,582.61 ($104.76).
Shares of Reckitt Benckiser Group (RB) remained flat at $GBX 6,402 ($88.45) during mid-day trading on Tuesday. 374,142 shares of the company traded hands, compared to its average volume of 1,180,000. The company has a market capitalization of $45,020.00 and a PE ratio of 2,141.14. Reckitt Benckiser Group has a twelve month low of GBX 6,271 ($86.64) and a twelve month high of GBX 8,110.43 ($112.05).
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Reckitt Benckiser Group 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).
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