Reckitt Benckiser (LON:RB) has been assigned a GBX 7,020 ($100.52) price objective by equities researchers at Goldman Sachs in a research report issued on Friday. The firm presently has a “neutral” rating on the stock. Goldman Sachs’ target price points to a potential upside of 27.38% from the stock’s current price.
Several other equities analysts have also weighed in on RB. JPMorgan Chase set a GBX 7,500 ($107.39) target price on shares of Reckitt Benckiser and gave the company a “buy” rating in a report on Wednesday, January 3rd. Kepler Capital Markets reduced their price target on shares of Reckitt Benckiser from GBX 7,300 ($104.52) to GBX 7,000 ($100.23) and set a “hold” rating on the stock in a research note on Monday, January 8th. Morgan Stanley set a GBX 9,000 ($128.87) price target on shares of Reckitt Benckiser and gave the company a “buy” rating in a research note on Tuesday, January 9th. UBS set a GBX 7,000 ($100.23) price target on shares of Reckitt Benckiser and gave the company a “neutral” rating in a research note on Thursday, January 11th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 8,000 ($114.55) price target on shares of Reckitt Benckiser in a research note on Monday, January 15th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 7,132.17 ($102.12).
LON:RB opened at GBX 5,511 ($78.91) on Friday. Reckitt Benckiser has a 1-year low of GBX 5,562 ($79.64) and a 1-year high of GBX 8,110.43 ($116.13).
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Reckitt Benckiser Company Profile
Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers products for the treatment of analgesic and gastro-intestinal problems, sore throat, cough, pain, and flu, as well as wellness products in sexual wellbeing, footcare, vitamins, and supplements under the Durex, Gaviscon, Nurofen, Mucinex, Scholl/Amopé, and Strepsils brand names.
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