Reckitt Benckiser Group (LON:RB) PT Set at GBX 8,500 by JPMorgan Chase & Co.

Reckitt Benckiser Group (LON:RB) has been given a GBX 8,500 ($111.05) price objective by research analysts at JPMorgan Chase & Co. in a research note issued on Thursday, Borsen Zeitung reports.

A number of other brokerages have also weighed in on RB. Barclays set a GBX 9,500 ($124.12) price objective on Reckitt Benckiser Group in a report on Monday, September 20th. Jefferies Financial Group set a GBX 5,700 ($74.47) price objective on Reckitt Benckiser Group in a report on Thursday. Deutsche Bank Aktiengesellschaft set a GBX 7,200 ($94.07) price objective on Reckitt Benckiser Group in a report on Thursday, July 29th. The Goldman Sachs Group set a GBX 6,000 ($78.39) price target on Reckitt Benckiser Group in a research note on Thursday, September 9th. Finally, Royal Bank of Canada set a GBX 6,000 ($78.39) price target on Reckitt Benckiser Group in a research note on Wednesday. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Reckitt Benckiser Group currently has an average rating of “Buy” and a consensus target price of GBX 7,197.27 ($94.03).

The stock has a market cap of £48.36 billion and a price-to-earnings ratio of 40.79. Reckitt Benckiser Group has a 52-week low of GBX 5,782 ($75.54) and a 52-week high of GBX 8,020 ($104.78). The company has a 50-day moving average of GBX 6,356.14. The company has a debt-to-equity ratio of 116.01, a quick ratio of 0.53 and a current ratio of 0.77.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers acne treatment creams, facial washes, and cleansing pads; disinfection, hygiene, and first aid products; condoms, sex toys, and lubricants; heartburn and indigestion solutions; and cough and chest congestion, multi-symptom, and sinus remedies for adults and children under the Clearasil, Dettol, Durex, Gaviscon, and Mucinex brands.

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Analyst Recommendations for Reckitt Benckiser Group (LON:RB)

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