Reckitt Benckiser Group Plc (RB) Earns Buy Rating from Deutsche Bank AG

Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank AG in a report released on Monday. They currently have a GBX 8,500 ($107.53) price target on the stock. Deutsche Bank AG’s price target points to a potential upside of 7.26% from the company’s current price.

A number of other research analysts also recently commented on the company. Jefferies Group LLC reiterated a “buy” rating and issued a GBX 8,000 ($101.20) price objective on shares of Reckitt Benckiser Group Plc in a report on Friday, April 28th. J P Morgan Chase & Co increased their price objective on Reckitt Benckiser Group Plc from GBX 6,750 ($85.39) to GBX 7,250 ($91.71) and gave the company a “neutral” rating in a report on Monday, May 8th. Barclays PLC dropped their price objective on Reckitt Benckiser Group Plc from GBX 7,230 ($91.46) to GBX 7,100 ($89.82) and set an “equal weight” rating on the stock in a report on Wednesday, April 26th. Kepler Capital Markets reiterated a “buy” rating and issued a GBX 8,100 ($102.47) price objective on shares of Reckitt Benckiser Group Plc in a report on Wednesday, March 22nd. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 8,500 ($107.53) price objective on shares of Reckitt Benckiser Group Plc in a report on Monday, May 15th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of GBX 8,086.82 ($102.30).

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

Shares of Reckitt Benckiser Group Plc (LON RB) opened at 7966.00 on Monday. Reckitt Benckiser Group Plc has a 52 week low of GBX 6,496.00 and a 52 week high of GBX 8,110.43. The stock’s 50 day moving average price is GBX 7,630.61 and its 200-day moving average price is GBX 7,186.61. The stock’s market cap is GBX 55.77 billion.

WARNING: This article was originally reported by sleekmoney and is owned by of sleekmoney. If you are accessing this article on another publication, it was illegally copied and republished in violation of US & international copyright & trademark law. The original version of this article can be viewed at https://sleekmoney.com/reckitt-benckiser-group-plc-rb-earns-buy-rating-from-deutsche-bank-ag/1919997.html.

In other Reckitt Benckiser Group Plc news, insider Adrian Bellamy purchased 554 shares of Reckitt Benckiser Group Plc stock in a transaction dated Friday, May 19th. The stock was acquired at an average cost of GBX 7,607 ($96.23) per share, with a total value of £42,142.78 ($53,311.55). Also, insider Rakesh Kapoor sold 58,094 shares of the firm’s stock in a transaction that occurred on Friday, May 5th. The shares were sold at an average price of GBX 7,150 ($90.45), for a total value of £4,153,721 ($5,254,549.02).

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).

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/reckitt-benckiser-group-plc-rb-earns-buy-rating-from-deutsche-bank-ag/1919997.html

Receive News & Ratings for Reckitt Benckiser Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reckitt Benckiser Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *