Liberum Capital reaffirmed their buy rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a research note issued to investors on Wednesday, StockTargetPrices.com reports. Liberum Capital currently has a GBX 8,150 ($105.57) price target on the stock.
Several other brokerages have also commented on RB. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 7,250 ($93.91) price target on shares of Reckitt Benckiser Group Plc in a research note on Monday, June 5th. Citigroup Inc. restated a buy rating and set a GBX 9,100 ($117.88) target price on shares of Reckitt Benckiser Group Plc in a research report on Tuesday, June 6th. Deutsche Bank AG restated a buy rating and set a GBX 8,500 ($110.10) target price on shares of Reckitt Benckiser Group Plc in a research report on Monday, June 19th. Societe Generale set a GBX 8,900 ($115.28) target price on shares of Reckitt Benckiser Group Plc and gave the stock a neutral rating in a research report on Thursday, June 22nd. Finally, Royal Bank Of Canada set a GBX 6,400 ($82.90) target price on shares of Reckitt Benckiser Group Plc and gave the stock a sell rating in a research report on Thursday, June 15th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have issued a buy rating to the company. Reckitt Benckiser Group Plc presently has an average rating of Hold and an average price target of GBX 8,167.83 ($105.80).
Shares of Reckitt Benckiser Group Plc (RB) opened at 7732.00 on Wednesday. The company has a 50-day moving average of GBX 7,805.22 and a 200-day moving average of GBX 7,273.91. The firm’s market capitalization is GBX 54.13 billion. Reckitt Benckiser Group Plc has a 1-year low of GBX 6,496.00 and a 1-year high of GBX 8,110.43.
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In other news, insider Adrian Bellamy purchased 554 shares of the business’s stock in a transaction dated Friday, May 19th. The stock was acquired at an average price of GBX 7,607 ($98.54) per share, with a total value of £42,142.78 ($54,589.09). Also, insider Rakesh Kapoor sold 58,094 shares of Reckitt Benckiser Group Plc stock in a transaction on Friday, May 5th. The stock was sold at an average price of GBX 7,150 ($92.62), for a total value of £4,153,721 ($5,380,467.62).
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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