J P Morgan Chase & Co reiterated their neutral rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a research report report published on Thursday. J P Morgan Chase & Co currently has a GBX 7,300 ($95.33) target price on the stock.
Several other equities analysts have also commented on the company. S&P Global set a GBX 8,000 ($104.47) price target on Reckitt Benckiser Group Plc and gave the stock a neutral rating in a research report on Thursday. Beaufort Securities raised Reckitt Benckiser Group Plc to a hold rating and set a GBX 8,000 ($104.47) price target on the stock in a research report on Thursday. Liberum Capital reissued a buy rating and set a GBX 8,150 ($106.42) price target on shares of Reckitt Benckiser Group Plc in a research report on Wednesday. Shore Capital reissued a hold rating on shares of Reckitt Benckiser Group Plc in a research report on Wednesday. Finally, Whitman Howard reissued a buy rating and set a GBX 9,000 ($117.52) price target on shares of Reckitt Benckiser Group Plc in a research report on Wednesday. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 8,194.40 ($107.00).
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7881.00 on Thursday. Reckitt Benckiser Group Plc has a one year low of GBX 6,496.00 and a one year high of GBX 8,110.43. The firm’s market cap is GBX 55.17 billion. The company has a 50-day moving average of GBX 7,846.38 and a 200 day moving average of GBX 7,378.38.
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In related news, insider Rakesh Kapoor sold 58,094 shares of the company’s stock in a transaction on Friday, May 5th. The stock was 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 acquired 554 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were bought at an average price of GBX 7,607 ($99.33) per share, with a total value 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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