Brokerages Set Reckitt Benckiser Group Plc (RB) PT at $7,924.55

Reckitt Benckiser Group Plc (LON:RB) has been assigned an average rating of “Buy” from the twenty-four brokerages that are covering the firm. One investment analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and fourteen have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 7,951.82 ($100.09).

Several research analysts have issued reports on the company. Liberum Capital restated a “buy” rating and set a GBX 7,650 ($96.29) target price on shares of Reckitt Benckiser Group Plc in a research report on Friday. Whitman Howard restated a “buy” rating and set a GBX 9,000 ($113.28) target price on shares of Reckitt Benckiser Group Plc in a research report on Friday. Shore Capital restated a “hold” rating on shares of Reckitt Benckiser Group Plc in a research report on Friday. Kepler Capital Markets restated a “buy” rating and set a GBX 8,100 ($101.95) target price on shares of Reckitt Benckiser Group Plc in a research report on Friday. Finally, S&P Global set a GBX 7,500 ($94.40) target price on Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a research report on Friday.

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Reckitt Benckiser Group Plc (LON:RB) traded down 0.82% during trading on Tuesday, hitting GBX 7215.00. The stock had a trading volume of 1,798,868 shares. Reckitt Benckiser Group Plc has a 52-week low of GBX 6,496.00 and a 52-week high of GBX 7,786.00. The firm’s market cap is GBX 50.51 billion. The company has a 50-day moving average of GBX 7,334.72 and a 200 day moving average of GBX 7,056.60.

The firm also recently declared a dividend, which will be paid on Thursday, May 25th. Stockholders of record on Thursday, April 13th will be given a dividend of GBX 95 ($1.20) per share. This represents a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, April 13th.

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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