Reckitt Benckiser Group Plc (RB) Stock Rating Reaffirmed by Deutsche Bank AG

Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating reiterated by Deutsche Bank AG in a report released on Wednesday. They presently have a GBX 7,500 ($91.41) target price on the stock. Deutsche Bank AG’s price objective indicates a potential upside of 5.12% from the stock’s previous close.

A number of other research firms have also recently weighed in on RB. JPMorgan Chase & Co. restated a “neutral” rating on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 12th. Liberum Capital restated a “buy” rating and issued a GBX 8,400 ($102.38) price target on shares of Reckitt Benckiser Group Plc in a research note on Monday, July 11th. Barclays PLC upgraded Reckitt Benckiser Group Plc to an “equal weight” rating and raised their price target for the company from GBX 5,900 ($71.91) to GBX 7,100 ($86.53) in a research note on Friday, July 8th. Credit Suisse Group AG raised their price target on Reckitt Benckiser Group Plc from GBX 7,600 ($92.63) to GBX 7,900 ($96.28) and gave the company an “outperform” rating in a research note on Monday, July 4th. Finally, Kepler Capital Markets lifted their target price on Reckitt Benckiser Group Plc from GBX 7,425 ($90.49) to GBX 8,500 ($103.60) and gave the stock a “buy” rating in a research report on Tuesday, July 5th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have issued a buy rating to the stock. Reckitt Benckiser Group Plc has an average rating of “Hold” and a consensus target price of GBX 7,655.75 ($93.31).

Analyst Recommendations for Reckitt Benckiser Group Plc (LON:RB)

Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7135.00 on Wednesday. The stock’s market cap is GBX 50.31 billion. The stock has a 50 day moving average price of GBX 7,274.49 and a 200-day moving average price of GBX 7,127.58. Reckitt Benckiser Group Plc has a 52 week low of GBX 5,839.08 and a 52 week high of GBX 7,786.00.

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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