Goldman Sachs Group Inc. Analysts Give Reckitt Benckiser Group Plc (RB) a GBX 7,200 Price Target
Reckitt Benckiser Group Plc (LON:RB) received a GBX 7,200 ($89.11) price target from research analysts at Goldman Sachs Group Inc. in a research report issued on Friday. The brokerage presently has a a “neutral” rating on the stock. Goldman Sachs Group Inc.’s target price suggests a potential downside of 1.81% from the company’s current price.
A number of other equities research analysts have also recently commented on RB. Shore Capital reiterated a “hold” rating on shares of Reckitt Benckiser Group Plc in a report on Friday, July 29th. Kepler Capital Markets reissued a “buy” rating on shares of Reckitt Benckiser Group Plc in a research note on Friday. Jefferies Group reissued a “buy” rating and set a GBX 8,300 ($102.72) price target on shares of Reckitt Benckiser Group Plc in a research note on Monday. HSBC increased their price target on Reckitt Benckiser Group Plc from GBX 8,100 ($100.25) to GBX 8,280 ($102.48) and gave the stock a “buy” rating in a research note on Monday, August 1st. Finally, Berenberg Bank set a GBX 7,800 ($96.53) price target on Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a research note on Monday, August 1st. Two investment 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. Reckitt Benckiser Group Plc presently has an average rating of “Hold” and an average target price of GBX 7,639.08 ($94.54).
Reckitt Benckiser Group Plc (LON:RB) opened at 7410.00 on Friday. The company’s 50-day moving average price is GBX 7,284.06 and its 200 day moving average price is GBX 7,108.52. The firm’s market capitalization is GBX 52.25 billion. Reckitt Benckiser Group Plc has a 1-year low of GBX 5,839.08 and a 1-year high of GBX 7,786.00.
Reckitt Benckiser Group Plc Company Profile
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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