Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating reissued by investment analysts at Kepler Capital Markets in a research note issued to investors on Tuesday. They presently have a GBX 8,100 ($105.77) price objective on the stock. Kepler Capital Markets’ price target would suggest a potential upside of 2.05% from the stock’s current price.
A number of other analysts also recently weighed in on the stock. Liberum Capital restated a “buy” rating and issued a GBX 8,150 ($106.42) target price on shares of Reckitt Benckiser Group Plc in a report on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) set a GBX 8,130 ($106.16) price target on shares of Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a report on Monday, July 10th. Jefferies Group LLC set a GBX 8,200 ($107.08) price target on shares of Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a report on Friday, July 7th. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 7,300 ($95.33) price target on shares of Reckitt Benckiser Group Plc in a report on Friday, July 7th. Finally, Shore Capital reiterated a “hold” rating on shares of Reckitt Benckiser Group Plc in a report on Thursday, July 6th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 8,181.67 ($106.84).
Shares of Reckitt Benckiser Group Plc (LON RB) opened at 7934.00 on Tuesday. The stock’s market capitalization is GBX 55.54 billion. The firm’s 50-day moving average is GBX 7,845.01 and its 200 day moving average is GBX 7,370.74. Reckitt Benckiser Group Plc has a 52-week low of GBX 6,496.00 and a 52-week high of GBX 8,110.43.
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In other Reckitt Benckiser Group Plc news, insider Rakesh Kapoor sold 58,094 shares of the company’s stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of GBX 7,150 ($93.37), for a total transaction of £4,153,721 ($5,424,028.47). Also, insider Adrian Bellamy purchased 554 shares of the business’s stock in a transaction on Friday, May 19th. The shares were bought at an average price of GBX 7,607 ($99.33) per share, for a total transaction of £42,142.78 ($55,031.05).
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).
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