Shares of Reckitt Benckiser Group Plc (LON:RB) have earned an average recommendation of “Hold” from the nineteen analysts that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 7,060 ($92.25).
A number of research firms have weighed in on RB. JPMorgan Chase & Co. set a GBX 9,000 ($117.60) target price on Reckitt Benckiser Group and gave the stock a “buy” rating in a research report on Wednesday. Barclays reiterated an “overweight” rating on shares of Reckitt Benckiser Group in a research report on Wednesday, June 5th. Goldman Sachs Group set a GBX 6,820 ($89.12) price objective on Reckitt Benckiser Group and gave the company a “neutral” rating in a research report on Thursday, May 2nd. Liberum Capital reiterated a “buy” rating and set a GBX 7,300 ($95.39) price objective on shares of Reckitt Benckiser Group in a research report on Wednesday. Finally, Royal Bank of Canada set a GBX 5,300 ($69.25) price objective on Reckitt Benckiser Group and gave the company a “sell” rating in a research report on Wednesday.
In other news, insider Andrew R. J. Bonfield bought 146 shares of the business’s stock in a transaction on Tuesday, May 21st. The shares were bought at an average cost of GBX 6,290 ($82.19) per share, with a total value of £9,183.40 ($11,999.74). Also, insider Adrian Nevil Hennah sold 13,701 shares of the business’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of GBX 6,143 ($80.27), for a total transaction of £841,652.43 ($1,099,767.97).
Reckitt Benckiser Group Company Profile
Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers acne treatment creams, facial washes, and cleansing pads; disinfection, hygiene, and first aid products; condoms, sex toys, and lubricants; heartburn and indigestion solutions; and cough and chest congestion, multi-symptom, and sinus remedies for adults and children under the Clearasil, Dettol, Durex, Gaviscon, and Mucinex brands.
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