Reckitt Benckiser Group Plc (RB) PT Raised to GBX 8,200
Reckitt Benckiser Group Plc (LON:RB) had its price target upped by equities research analysts at BNP Paribas from GBX 7,800 ($95.06) to GBX 8,200 ($99.94) in a research report issued on Friday. The brokerage currently has an “outperform” rating on the stock. BNP Paribas’ price objective would indicate a potential upside of 11.43% from the stock’s previous close.
RB has been the topic of several other reports. Liberum Capital reaffirmed a “buy” rating and issued a GBX 8,400 ($102.38) target price on shares of Reckitt Benckiser Group Plc in a research report on Monday, July 11th. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 7,950 ($96.89) target price on shares of Reckitt Benckiser Group Plc in a research report on Monday, July 25th. Sanford C. Bernstein set a GBX 8,750 ($106.64) target price on Reckitt Benckiser Group Plc and gave the stock a “buy” rating in a research report on Monday, August 22nd. Shore Capital reissued a “hold” rating on shares of Reckitt Benckiser Group Plc in a research note on Friday, July 29th. Finally, Jefferies Group reissued a “buy” rating and issued a GBX 8,300 ($101.16) price target on shares of Reckitt Benckiser Group Plc in a research note on Monday, October 10th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have issued a buy rating to the stock. Reckitt Benckiser Group Plc presently has a consensus rating of “Hold” and an average price target of GBX 7,655.75 ($93.31).
Reckitt Benckiser Group Plc (LON:RB) opened at 7365.00 on Friday. The company has a 50-day moving average of GBX 7,276.97 and a 200 day moving average of GBX 7,120.35. The firm’s market cap is GBX 51.93 billion. Reckitt Benckiser Group Plc has a 52 week low of GBX 5,839.08 and a 52 week high of GBX 7,786.00.
About Reckitt Benckiser Group Plc
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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