Liberum Capital reaffirmed their buy rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a research report report published on Monday. The firm currently has a GBX 8,400 ($103.96) price objective on the stock.
Several other research analysts have also issued reports on RB. Shore Capital restated a hold rating on shares of Reckitt Benckiser Group Plc in a report on Friday, July 29th. Jefferies Group restated a buy rating and set a GBX 8,300 ($102.72) price target on shares of Reckitt Benckiser Group Plc in a report on Monday. HSBC raised their price target on shares of Reckitt Benckiser Group Plc from GBX 8,100 ($100.25) to GBX 8,280 ($102.48) and gave the stock a buy rating in a report on Monday, August 1st. Berenberg Bank set a GBX 7,800 ($96.53) price target on shares of Reckitt Benckiser Group Plc and gave the stock a neutral rating in a report on Monday, August 1st. Finally, Deutsche Bank AG set a GBX 7,500 ($92.82) price target on shares of Reckitt Benckiser Group Plc and gave the stock a buy rating in a report on Tuesday, August 30th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Reckitt Benckiser Group Plc presently has a consensus rating of Hold and an average price target of GBX 7,639.08 ($94.54).
Reckitt Benckiser Group Plc (LON:RB) opened at 7389.00 on Monday. 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 firm’s market cap is GBX 52.10 billion. The company’s 50-day moving average is GBX 7,284.06 and its 200 day moving average is GBX 7,108.52.
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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