Reckitt Benckiser Group (LON:RB)‘s stock had its “neutral” rating reiterated by investment analysts at Credit Suisse Group in a research note issued to investors on Monday. They presently have a GBX 6,300 ($87.04) target price on the stock. Credit Suisse Group’s price target would suggest a potential upside of 7.86% from the company’s previous close.
RB has been the subject of several other reports. Barclays reissued an “equal weight” rating and issued a GBX 6,600 ($91.19) price objective (down from GBX 7,100 ($98.09)) on shares of Reckitt Benckiser Group in a research report on Monday, November 27th. Investec reissued a “sell” rating and issued a GBX 6,400 ($88.42) price objective on shares of Reckitt Benckiser Group in a research report on Monday, January 29th. Morgan Stanley reissued an “overweight” rating and issued a GBX 9,000 ($124.34) price objective on shares of Reckitt Benckiser Group in a research report on Monday, February 5th. Liberum Capital reissued a “buy” rating and issued a GBX 8,000 ($110.53) price objective on shares of Reckitt Benckiser Group in a research report on Monday, November 20th. Finally, Goldman Sachs Group set a GBX 7,070 ($97.68) price objective on shares of Reckitt Benckiser Group and gave the company a “neutral” rating in a research report on Monday, December 11th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company’s stock. Reckitt Benckiser Group presently has a consensus rating of “Hold” and an average price target of GBX 7,242.17 ($100.06).
Shares of Reckitt Benckiser Group (RB) opened at GBX 5,841 ($80.70) on Monday. The stock has a market cap of $41,010.00 and a PE ratio of 2,124.00. Reckitt Benckiser Group has a 52-week low of GBX 5,819 ($80.40) and a 52-week high of GBX 8,110.43 ($112.05).
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Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA and DvM. 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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