Reckitt Benckiser Group Plc’s (RB) Neutral Rating Reaffirmed at J P Morgan Chase & Co
Several other equities analysts have also issued reports on RB. Goldman Sachs Group, Inc. (The) set a GBX 8,130 ($106.93) price objective on shares of Reckitt Benckiser Group Plc and gave the company a neutral rating in a report on Monday, July 10th. Liberum Capital reiterated a buy rating and set a GBX 8,150 ($107.19) price objective on shares of Reckitt Benckiser Group Plc in a research note on Wednesday, July 12th. Kepler Capital Markets restated a buy rating and set a GBX 8,100 ($106.54) target price on shares of Reckitt Benckiser Group Plc in a research report on Tuesday, July 18th. Whitman Howard restated a buy rating and set a GBX 9,000 ($118.37) target price on shares of Reckitt Benckiser Group Plc in a research report on Wednesday, July 19th. Finally, Shore Capital restated a hold rating on shares of Reckitt Benckiser Group Plc in a research report on Wednesday, July 19th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average price target of GBX 7,757.73 ($102.04).
Shares of Reckitt Benckiser Group Plc (LON:RB) traded down GBX 20 ($0.26) during mid-day trading on Monday, reaching GBX 6,526 ($85.83). 1,996,473 shares of the company traded hands, compared to its average volume of 1,530,000. Reckitt Benckiser Group Plc has a 12 month low of GBX 6,473.67 ($85.15) and a 12 month high of GBX 8,110.43 ($106.67).
In other news, insider Christopher Sinclair purchased 2,800 shares of the stock in a transaction dated Wednesday, November 1st. The stock was acquired at an average price of GBX 6,597 ($86.77) per share, for a total transaction of £184,716 ($242,951.47).
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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