UBS set a GBX 6,400 ($89.84) target price on Reckitt Benckiser Group (LON:RB) in a research report sent to investors on Tuesday morning, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
A number of other research analysts have also recently commented on the stock. Deutsche Bank reissued a buy rating on shares of Reckitt Benckiser Group in a report on Tuesday. Morgan Stanley reiterated an overweight rating on shares of Reckitt Benckiser Group in a report on Wednesday, March 28th. JPMorgan Chase set a GBX 7,200 ($101.07) price objective on shares of Reckitt Benckiser Group and gave the company a buy rating in a report on Wednesday, March 28th. Goldman Sachs set a GBX 7,020 ($98.54) price objective on shares of Reckitt Benckiser Group and gave the company a neutral rating in a report on Friday, March 23rd. Finally, Barclays set a GBX 6,550 ($91.94) price objective on shares of Reckitt Benckiser Group and gave the company a neutral rating in a report on Friday, March 23rd. 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. Reckitt Benckiser Group has a consensus rating of Hold and a consensus price target of GBX 7,164.78 ($100.57).
RB stock opened at GBX 6,219 ($87.30) on Tuesday. Reckitt Benckiser Group has a 12 month low of GBX 5,562 ($78.07) and a 12 month high of GBX 8,110.43 ($113.85).
The firm also recently declared a dividend, which will be paid on Thursday, May 24th. Investors of record on Thursday, April 12th will be given a GBX 97.70 ($1.37) dividend. The ex-dividend date of this dividend is Thursday, April 12th. This represents a yield of 1.65%. This is an increase from Reckitt Benckiser Group’s previous dividend of $66.60.
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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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