Reckitt Benckiser Group Plc (LON:RB) Rating Reiterated by Kepler Capital Markets

Kepler Capital Markets restated their buy rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a research report released on Monday. Kepler Capital Markets currently has a GBX 8,100 ($105.52) price target on the stock.

A number of other research analysts have also recently commented on RB. J P Morgan Chase & Co restated a neutral rating on shares of Reckitt Benckiser Group Plc in a research note on Monday, March 27th. Liberum Capital restated a buy rating and set a GBX 7,650 ($99.66) price target on shares of Reckitt Benckiser Group Plc in a research note on Wednesday, March 29th. Jefferies Group LLC restated a buy rating and set a GBX 8,000 ($104.22) price target on shares of Reckitt Benckiser Group Plc in a research note on Friday, March 31st. Barclays PLC restated an equal weight rating and set a GBX 7,230 ($94.19) price target on shares of Reckitt Benckiser Group Plc in a research note on Friday, March 31st. Finally, Shore Capital restated a hold rating on shares of Reckitt Benckiser Group Plc in a research note on Monday, April 3rd. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 8,185.96 ($106.64).

Reckitt Benckiser Group Plc (LON RB) opened at 7591.00 on Monday. The stock’s market capitalization is GBX 53.14 billion. Reckitt Benckiser Group Plc has a 12-month low of GBX 6,496.00 and a 12-month high of GBX 8,110.43. The firm’s 50-day moving average price is GBX 7,846.38 and its 200 day moving average price is GBX 7,397.14.

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The company also recently disclosed a dividend, which will be paid on Thursday, September 28th. Shareholders of record on Thursday, August 17th will be issued a dividend of GBX 66.60 ($0.87) per share. This represents a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, August 17th.

In other Reckitt Benckiser Group Plc news, insider Rakesh Kapoor sold 58,094 shares of the firm’s stock in a transaction dated Friday, May 5th. The stock was sold at an average price of GBX 7,150 ($93.15), for a total transaction of £4,153,721 ($5,411,309.28). Also, insider Adrian Bellamy acquired 554 shares of the company’s stock in a transaction on Friday, May 19th. The shares were purchased at an average cost of GBX 7,607 ($99.10) per share, for a total transaction of £42,142.78 ($54,902.01).

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, 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).

Analyst Recommendations for Reckitt Benckiser Group Plc (LON:RB)

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