Several other analysts also recently commented on RB. Credit Suisse Group reaffirmed a neutral rating and set a GBX 6,300 ($87.04) price objective on shares of Reckitt Benckiser Group in a research note on Monday. Jefferies Group set a GBX 6,370 ($88.01) price objective on Reckitt Benckiser Group and gave the stock a neutral rating in a research note on Friday, February 23rd. Royal Bank of Canada set a GBX 5,000 ($69.08) price objective on Reckitt Benckiser Group and gave the stock a sell rating in a research note on Friday, February 23rd. Kepler Capital Markets dropped their price objective on Reckitt Benckiser Group from GBX 7,000 ($96.71) to GBX 6,300 ($87.04) and set a hold rating on the stock in a research note on Thursday, February 22nd. Finally, Societe Generale set a GBX 6,500 ($89.80) price objective on Reckitt Benckiser Group and gave the stock a neutral rating in a research note on Tuesday, February 20th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of GBX 7,211.74 ($99.64).
Reckitt Benckiser Group (RB) traded down GBX 36 ($0.50) during trading hours on Wednesday, hitting GBX 5,740 ($79.30). The stock had a trading volume of 749,095 shares, compared to its average volume of 1,520,000. Reckitt Benckiser Group has a 1-year low of GBX 5,654 ($78.12) and a 1-year high of GBX 8,110.43 ($112.05). The company has a market cap of $40,260.00 and a price-to-earnings ratio of 2,087.27.
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About Reckitt Benckiser Group
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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