Reckitt Benckiser Group Plc (RB) Given a GBX 7,200 Price Target by Goldman Sachs Group Inc. Analysts
A number of other brokerages have also recently commented on RB. Numis Securities Ltd reiterated a hold rating and issued a GBX 7,720 ($100.77) target price on shares of Reckitt Benckiser Group Plc in a research report on Thursday, August 4th. JPMorgan Chase & Co. reiterated a neutral rating on shares of Reckitt Benckiser Group Plc in a research report on Tuesday, July 12th. Commerzbank AG set a GBX 8,500 ($110.95) target price on shares of Reckitt Benckiser Group Plc and gave the company a buy rating in a research report on Thursday, July 21st. Kepler Capital Markets reduced their target price on shares of Reckitt Benckiser Group Plc from GBX 7,500 ($97.90) to GBX 7,425 ($96.92) and set a buy rating for the company in a research report on Wednesday, June 29th. Finally, Deutsche Bank AG reiterated a buy rating and issued a GBX 7,500 ($97.90) target price on shares of Reckitt Benckiser Group Plc in a research report on Wednesday, August 24th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 7,637 ($99.69).
Shares of Reckitt Benckiser Group Plc (LON:RB) traded up 0.34% during mid-day trading on Friday, reaching GBX 7295.00. 720,866 shares of the company’s stock were exchanged. Reckitt Benckiser Group Plc has a 1-year low of GBX 5,839.08 and a 1-year high of GBX 7,786.00. The company’s 50 day moving average is GBX 7,294.78 and its 200 day moving average is GBX 7,092.07. The stock’s market capitalization is GBX 51.44 billion.
About Reckitt Benckiser Group Plc
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. 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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