Reckitt Benckiser Group (LON:RB) has been assigned a GBX 6,550 ($90.49) price objective by Barclays in a report issued on Tuesday, February 20th. The firm presently has a “neutral” rating on the stock. Barclays’ price objective would suggest a potential upside of 15.95% from the company’s current price.
A number of other research firms also recently weighed in on RB. Liberum Capital reiterated a “buy” rating and set a GBX 8,000 ($110.53) price target on shares of Reckitt Benckiser Group in a research note on Monday, February 19th. Goldman Sachs Group 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. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 7,500 ($103.62) target price on shares of Reckitt Benckiser Group in a research note on Tuesday, December 12th. UBS Group set a GBX 7,000 ($96.71) target price on shares of Reckitt Benckiser Group and gave the company a “neutral” rating in a research note on Thursday, January 11th. Finally, Investec upgraded shares of Reckitt Benckiser Group to a “hold” rating and reduced their target price for the company from GBX 6,400 ($88.42) to GBX 6,000 ($82.90) in a research note on Tuesday, February 20th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 7,190 ($99.34).
Reckitt Benckiser Group (LON RB) traded down GBX 16 ($0.22) on Tuesday, reaching GBX 5,649 ($78.05). 1,502,807 shares of the company’s stock were exchanged, compared to its average volume of 1,700,000. Reckitt Benckiser Group has a 1 year low of GBX 5,608 ($77.48) and a 1 year high of GBX 8,110.43 ($112.05). The firm has a market capitalization of $39,820.00 and a P/E ratio of 2,054.18.
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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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