Reckitt Benckiser Group PLC (RBGLY) Receives $21.00 Average Price Target from Analysts
Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have earned a consensus recommendation of “Hold” from the ten research firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $21.00.
Several brokerages have commented on RBGLY. Zacks Investment Research raised Reckitt Benckiser Group PLC from a “sell” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Wednesday, September 27th. Jefferies Group LLC cut Reckitt Benckiser Group PLC from a “buy” rating to a “hold” rating in a research report on Thursday, July 6th. Societe Generale restated a “hold” rating on shares of Reckitt Benckiser Group PLC in a research report on Thursday, June 22nd. Kepler Capital Markets cut Reckitt Benckiser Group PLC from a “buy” rating to a “hold” rating in a research report on Wednesday, July 26th. Finally, BNP Paribas restated a “neutral” rating on shares of Reckitt Benckiser Group PLC in a research report on Tuesday, September 5th.
Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) traded down 0.63% during trading on Friday, hitting $18.28. The stock had a trading volume of 1,953,234 shares. The firm has a market cap of $64.30 billion, a PE ratio of 27.20 and a beta of 0.85. The company’s 50-day moving average is $18.92 and its 200 day moving average is $19.50. Reckitt Benckiser Group PLC has a 52 week low of $16.36 and a 52 week high of $21.55.
The company also recently disclosed a None dividend, which will be paid on Thursday, October 5th. Stockholders of record on Friday, August 18th will be given a dividend of $0.163 per share. The ex-dividend date of this dividend is Wednesday, August 16th.
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 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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