Reckitt Benckiser Group (LON:RB)‘s stock had its “buy” rating reiterated by investment analysts at Liberum Capital in a report issued on Monday, January 29th. They currently have a GBX 8,000 ($110.53) price target on the stock. Liberum Capital’s price objective points to a potential upside of 24.96% from the company’s previous close.
A number of other brokerages also recently issued reports on RB. Berenberg Bank reissued a “buy” rating and set a GBX 8,500 ($117.44) price target on shares of Reckitt Benckiser Group in a report on Monday, October 9th. Whitman Howard reissued a “buy” rating and set a GBX 9,000 ($124.34) price target on shares of Reckitt Benckiser Group in a report on Monday, October 16th. Deutsche Bank reaffirmed a “buy” rating and set a GBX 8,500 ($117.44) price objective on shares of Reckitt Benckiser Group in a report on Thursday, October 12th. Morgan Stanley set a £100 ($138.16) price objective on shares of Reckitt Benckiser Group and gave the company a “buy” rating in a report on Wednesday, October 11th. Finally, JPMorgan Chase & Co. set a GBX 7,500 ($103.62) price target on shares of Reckitt Benckiser Group and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 7,582.61 ($104.76).
Shares of Reckitt Benckiser Group (LON RB) opened at GBX 6,402 ($88.45) on Monday. The firm has a market cap of $45,060.00 and a P/E ratio of 2,141.14. Reckitt Benckiser Group has a 52-week low of GBX 6,271 ($86.64) and a 52-week high of GBX 8,110.43 ($112.05).
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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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