Reckitt Benckiser Group Plc (RB) PT Raised to GBX 8,200
Reckitt Benckiser Group Plc (LON:RB) had its price target lifted by research analysts at BNP Paribas from GBX 7,800 ($95.06) to GBX 8,200 ($99.94) in a report released on Friday. The firm presently has an “outperform” rating on the stock. BNP Paribas’ target price suggests a potential upside of 11.43% from the company’s current price.
RB has been the topic of several other research reports. Societe Generale reaffirmed a “buy” rating on shares of Reckitt Benckiser Group Plc in a report on Friday, September 9th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 7,100 ($86.53) target price on shares of Reckitt Benckiser Group Plc in a report on Wednesday, September 14th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 7,500 ($91.41) target price on shares of Reckitt Benckiser Group Plc in a report on Wednesday, August 24th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Reckitt Benckiser Group Plc in a report on Tuesday, October 4th. Finally, Royal Bank Of Canada reaffirmed a “sector performer” rating and issued a GBX 7,400 ($90.19) target price on shares of Reckitt Benckiser Group Plc in a report on Friday, September 9th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and fourteen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 7,655.75 ($93.31).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7365.00 on Friday. The stock has a 50 day moving average of GBX 7,276.97 and a 200 day moving average of GBX 7,120.35. Reckitt Benckiser Group Plc has a 12-month low of GBX 5,839.08 and a 12-month high of GBX 7,786.00. The stock’s market capitalization is GBX 51.93 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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