Deutsche Bank reiterated their buy rating on shares of Reckitt Benckiser Group (LON:RB) in a research note published on Tuesday, January 23rd. The brokerage currently has a GBX 8,250 ($113.98) price target on the stock.
RB has been the topic of several other research reports. Liberum Capital reiterated a buy rating and issued a GBX 8,700 ($120.20) price objective on shares of Reckitt Benckiser Group in a research note on Tuesday, October 17th. Whitman Howard reiterated a buy rating and issued a GBX 9,000 ($124.34) price objective on shares of Reckitt Benckiser Group in a research note on Monday, October 16th. Berenberg Bank restated a buy rating and set a GBX 8,500 ($117.44) target price on shares of Reckitt Benckiser Group in a research note on Thursday, September 28th. Morgan Stanley set a £100 ($138.16) target price on shares of Reckitt Benckiser Group and gave the stock a buy rating in a research note on Wednesday, October 11th. Finally, JPMorgan Chase & Co. set a GBX 7,500 ($103.62) target price on shares of Reckitt Benckiser Group and gave the stock a buy rating in a research note on Wednesday, January 3rd. Two investment 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. The company has a consensus rating of Hold and an average target price of GBX 7,582.61 ($104.76).
Shares of Reckitt Benckiser Group (LON:RB) traded down GBX 61 ($0.84) during mid-day trading on Tuesday, reaching GBX 6,323 ($87.36). 1,270,000 shares of the company traded hands, compared to its average volume of 1,160,000. The stock has a market cap of $44,500.00 and a P/E ratio of 2,114.72. Reckitt Benckiser Group has a one year low of GBX 6,271 ($86.64) and a one year 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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