Beaufort Securities upgraded shares of Reckitt Benckiser Group Plc (LON:RB) to a hold rating in a report published on Thursday. The firm currently has GBX 8,000 ($104.47) price objective on the stock.
A number of other research analysts have also weighed in on RB. Kepler Capital Markets reaffirmed a buy rating and set a GBX 8,100 ($105.77) target price on shares of Reckitt Benckiser Group Plc in a report on Wednesday, March 22nd. BNP Paribas boosted their target price on Reckitt Benckiser Group Plc from GBX 7,900 ($103.16) to GBX 8,300 ($108.38) and gave the stock an outperform rating in a research report on Wednesday, March 22nd. Liberum Capital restated a buy rating and issued a GBX 7,650 ($99.90) target price on shares of Reckitt Benckiser Group Plc in a research report on Thursday, March 23rd. J P Morgan Chase & Co restated a neutral rating on shares of Reckitt Benckiser Group Plc in a research report on Monday, March 27th. Finally, Jefferies Group LLC reiterated a buy rating and issued a GBX 8,000 ($104.47) price objective on shares of Reckitt Benckiser Group Plc in a research report on Friday, March 31st. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have issued a buy rating to the company. The stock presently has an average rating of Hold and an average target price of GBX 8,194.40 ($107.00).
Reckitt Benckiser Group Plc (LON:RB) traded down 0.91% during trading on Thursday, hitting GBX 7881.00. 914,664 shares of the company traded hands. The company’s market capitalization is GBX 55.17 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 stock has a 50 day moving average price of GBX 7,846.38 and a 200 day moving average price of GBX 7,378.38.
ILLEGAL ACTIVITY NOTICE: “Reckitt Benckiser Group Plc (LON:RB) Raised to “Hold” at Beaufort Securities” was reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this piece can be viewed at https://stocknewstimes.com/2017/07/21/reckitt-benckiser-group-plc-lonrb-raised-to-hold-at-beaufort-securities.html.
In related news, insider Adrian Bellamy acquired 554 shares of Reckitt Benckiser Group Plc stock in a transaction dated Friday, May 19th. The shares were acquired at an average cost of GBX 7,607 ($99.33) per share, for a total transaction of £42,142.78 ($55,031.05). Also, insider Rakesh Kapoor sold 58,094 shares of the stock in a transaction on Friday, May 5th. The shares were sold at an average price of GBX 7,150 ($93.37), for a total value of £4,153,721 ($5,424,028.47).
About Reckitt Benckiser Group Plc
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).
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.
