Reckitt Benckiser Group (RB) Given a GBX 7,020 Price Target by Goldman Sachs Analysts

Goldman Sachs set a GBX 7,020 ($96.99) price target on Reckitt Benckiser Group (LON:RB) in a report released on Friday. The brokerage currently has a neutral rating on the stock.

Several other analysts also recently weighed in on RB. JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 7,500 ($103.62) target price on shares of Reckitt Benckiser Group in a report on Tuesday, December 5th. Deutsche Bank reaffirmed a buy rating and issued a GBX 8,250 ($113.98) target price on shares of Reckitt Benckiser Group in a report on Tuesday, January 23rd. Barclays set a GBX 6,700 ($92.57) target price on shares of Reckitt Benckiser Group and gave the company a neutral rating in a report on Monday, January 22nd. BNP Paribas lowered their target price on shares of Reckitt Benckiser Group from GBX 7,400 ($102.24) to GBX 7,200 ($99.47) and set a neutral rating on the stock in a report on Wednesday, January 31st. Finally, Kepler Capital Markets lowered their target price on shares of Reckitt Benckiser Group from GBX 7,300 ($100.86) to GBX 7,000 ($96.71) and set a hold rating on the stock in a report on Monday, January 8th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 7,190.87 ($99.35).

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Reckitt Benckiser Group (LON RB) opened at GBX 5,865 ($81.03) on Friday. Reckitt Benckiser Group has a 52-week low of GBX 5,562 ($76.84) and a 52-week high of GBX 8,110.43 ($112.05). The stock has a market cap of $39,940.00 and a price-to-earnings ratio of 2,132.73.

The business also recently disclosed a dividend, which will be paid on Thursday, May 24th. Investors of record on Thursday, April 12th will be paid a GBX 97.70 ($1.35) dividend. This is a boost from Reckitt Benckiser Group’s previous dividend of $66.60. The ex-dividend date is Thursday, April 12th. This represents a dividend yield of 1.65%.

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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).

Analyst Recommendations for Reckitt Benckiser Group (LON:RB)

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