Reckitt Benckiser Group (RB) Shares Up 1.5%
Reckitt Benckiser Group Plc (LON:RB) shot up 1.5% on Monday . The stock traded as high as GBX 6,456 ($89.20) and last traded at GBX 6,402 ($88.45). 1,040,000 shares were traded during mid-day trading, a decline of 9% from the average session volume of 1,140,000 shares. The stock had previously closed at GBX 6,310 ($87.18).
Several equities research analysts have recently commented on the stock. UBS Group set a GBX 7,250 ($100.17) price target on shares of Reckitt Benckiser Group and gave the stock a “neutral” rating in a research report on Wednesday, October 18th. JPMorgan Chase & Co. set a GBX 7,500 ($103.62) price target on shares of Reckitt Benckiser Group and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Kepler Capital Markets reiterated a “hold” rating and set a GBX 7,300 ($100.86) price target on shares of Reckitt Benckiser Group in a research report on Wednesday, October 18th. Liberum Capital reiterated a “buy” rating and set a GBX 8,000 ($110.53) price target on shares of Reckitt Benckiser Group in a research report on Tuesday, December 19th. Finally, Barclays set a GBX 6,700 ($92.57) price target on shares of Reckitt Benckiser Group and gave the stock a “neutral” rating in a research report on Monday, January 22nd. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 7,582.61 ($104.76).
The firm has a market cap of $45,060.00 and a price-to-earnings ratio of 2,141.14.
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About Reckitt Benckiser Group
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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