Reckitt Benckiser Group Plc (RB) PT Raised to GBX 8,000 at Jefferies Group LLC

Reckitt Benckiser Group Plc (LON:RB) had its price target lifted by research analysts at Jefferies Group LLC from GBX 7,750 ($96.54) to GBX 8,000 ($99.65) in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the stock. Jefferies Group LLC’s target price indicates a potential upside of 13.86% from the company’s current price.

A number of other brokerages have also recently weighed in on RB. S&P Global Inc. set a GBX 7,800 ($97.16) price objective on Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a research note on Wednesday, October 19th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 7,500 ($93.42) price objective on shares of Reckitt Benckiser Group Plc in a research note on Wednesday, October 19th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 8,400 ($104.63) price objective on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, November 1st. Whitman Howard reaffirmed a “buy” rating and issued a GBX 9,000 ($112.11) price objective on shares of Reckitt Benckiser Group Plc in a research note on Friday. Finally, Macquarie reaffirmed an “outperform” rating and issued a GBX 7,900 ($98.41) price objective on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, October 25th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and fifteen have given a buy rating to the company’s stock. Reckitt Benckiser Group Plc currently has a consensus rating of “Hold” and a consensus price target of GBX 7,726.08 ($96.24).

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

Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7020.00 on Monday. The firm has a 50-day moving average price of GBX 6,879.22 and a 200-day moving average price of GBX 7,081.86. The company’s market cap is GBX 49.31 billion. Reckitt Benckiser Group Plc has a 1-year low of GBX 5,839.08 and a 1-year high of GBX 7,786.00.

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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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