A number of other research firms have also issued reports on RB. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 7,500 ($103.62) target price on shares of Reckitt Benckiser Group in a research note on Tuesday, December 5th. Deutsche Bank reissued a buy rating and set a GBX 8,250 ($113.98) target price on shares of Reckitt Benckiser Group in a research note on Tuesday, January 23rd. Goldman Sachs set a GBX 6,910 ($95.47) target price on shares of Reckitt Benckiser Group and gave the company a neutral rating in a research note on Thursday, January 25th. BNP Paribas reduced 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 for the company in a research note on Wednesday, January 31st. Finally, Kepler Capital Markets reduced 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 for the company in a research note on Monday, January 8th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of GBX 7,190.87 ($99.35).
Reckitt Benckiser Group (LON:RB) opened at GBX 5,867 ($81.06) on Friday. Reckitt Benckiser Group has a fifty-two week low of GBX 5,562 ($76.84) and a fifty-two week high of GBX 8,110.43 ($112.05). The company has a market cap of $39,940.00 and a PE ratio of 2,133.45.
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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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