Brokerages Set Reckitt Benckiser Group Plc (RB) PT at $7,924.55
Reckitt Benckiser Group Plc (LON:RB) has been assigned a consensus rating of “Buy” from the twenty-four brokerages that are currently covering the firm. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 7,951.82 ($100.09).
A number of analysts have recently commented on the company. Numis Securities Ltd raised Reckitt Benckiser Group Plc to an “add” rating and set a GBX 8,000 ($100.69) price target on the stock in a research note on Tuesday, February 7th. Liberum Capital reissued a “buy” rating and set a GBX 7,650 ($96.29) price target on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, January 17th. Deutsche Bank AG set a GBX 7,500 ($94.40) price target on Reckitt Benckiser Group Plc and gave the company a “buy” rating in a research note on Tuesday, January 17th. Jefferies Group LLC reissued a “buy” rating and set a GBX 7,750 ($97.55) price target on shares of Reckitt Benckiser Group Plc in a research note on Monday, January 16th. Finally, Societe Generale set a GBX 8,600 ($108.24) price target on Reckitt Benckiser Group Plc and gave the company a “buy” rating in a research note on Tuesday, January 10th.
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Reckitt Benckiser Group Plc (LON:RB) traded down 0.82% during midday trading on Tuesday, reaching GBX 7215.00. 1,798,868 shares of the company’s stock were exchanged. The company has a 50 day moving average price of GBX 7,334.72 and a 200 day moving average price of GBX 7,056.60. Reckitt Benckiser Group Plc has a 12 month low of GBX 6,496.00 and a 12 month high of GBX 7,786.00. The company’s market cap is GBX 50.51 billion.
The firm also recently announced a dividend, which will be paid on Thursday, May 25th. Shareholders of record on Thursday, April 13th will be issued a GBX 95 ($1.20) dividend. The ex-dividend date is Thursday, April 13th. This represents a yield of 1.31%.
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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