Reckitt Benckiser Group Plc (LON:RB) has been given an average rating of “Hold” by the twenty-four research firms that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 7,190 ($99.34).
Several research firms have recently weighed in on RB. Berenberg Bank set a GBX 7,500 ($103.62) price target on shares of Reckitt Benckiser Group and gave the company a “buy” rating in a research note on Tuesday, February 20th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 7,200 ($99.47) price target on shares of Reckitt Benckiser Group in a research note on Thursday, March 8th. Citigroup reaffirmed a “buy” rating and set a GBX 7,200 ($99.47) price target on shares of Reckitt Benckiser Group in a research note on Wednesday, February 28th. Liberum Capital reaffirmed 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, January 15th. Finally, Goldman Sachs decreased their price target on shares of Reckitt Benckiser Group from GBX 7,000 ($96.71) to GBX 6,400 ($88.42) and set a “neutral” rating for the company in a research note on Monday, February 19th.
Shares of Reckitt Benckiser Group (LON:RB) traded up GBX 10 ($0.14) during midday trading on Friday, reaching GBX 5,675 ($78.41). 2,484,024 shares of the company’s stock traded hands, compared to its average volume of 1,720,000. The company has a market capitalization of $39,940.00 and a P/E ratio of 2,063.64. Reckitt Benckiser Group has a twelve month low of GBX 5,562 ($76.84) and a twelve month high of GBX 8,110.43 ($112.05).
The firm also recently disclosed a dividend, which will be paid on Thursday, May 24th. Investors of record on Thursday, April 12th will be issued a dividend of GBX 97.70 ($1.35) per share. This represents a yield of 1.65%. This is a positive change from Reckitt Benckiser Group’s previous dividend of $66.60. The ex-dividend date of this dividend is Thursday, April 12th.
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Reckitt Benckiser Group Company Profile
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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