Credit Suisse Group AG Boosts Reckitt Benckiser Group Plc (RB) Price Target to GBX 8,000
Reckitt Benckiser Group Plc (LON:RB) had its price objective raised by Credit Suisse Group AG from GBX 7,950 ($98.39) to GBX 8,000 ($99.01) in a research report sent to investors on Tuesday morning. They currently have an outperform rating on the stock.
RB has been the topic of several other research reports. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 7,720 ($95.54) price target on shares of Reckitt Benckiser Group Plc in a research note on Thursday, August 4th. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 12th. Commerzbank AG set a GBX 8,500 ($105.20) price target on shares of Reckitt Benckiser Group Plc and gave the stock a buy rating in a research note on Thursday, July 21st. Kepler Capital Markets reduced their price target on shares of Reckitt Benckiser Group Plc from GBX 7,500 ($92.82) to GBX 7,425 ($91.89) and set a buy rating on the stock in a research note on Wednesday, June 29th. Finally, Goldman Sachs Group Inc. set a GBX 7,170 ($88.74) price target on shares of Reckitt Benckiser Group Plc and gave the stock a neutral rating in a research note on Monday, August 1st. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 7,655.75 ($94.75).
Reckitt Benckiser Group Plc (LON:RB) opened at 7440.00 on Tuesday. The firm has a 50-day moving average of GBX 7,284.06 and a 200 day moving average of GBX 7,108.52. Reckitt Benckiser Group Plc has a one year low of GBX 5,839.08 and a one year high of GBX 7,786.00. The stock’s market capitalization is GBX 52.46 billion.
Reckitt Benckiser Group Plc Company Profile
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. 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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