Reckitt Benckiser Group Plc (LON:RB) Given “Buy” Rating at Kepler Capital Markets

Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating restated by investment analysts at Kepler Capital Markets in a research note issued on Tuesday, July 18th. They currently have a GBX 8,100 ($105.52) price target on the stock. Kepler Capital Markets’ price target would suggest a potential upside of 10.19% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. Numis Securities Ltd reissued an “add” rating and set a GBX 8,000 ($104.22) target price on shares of Reckitt Benckiser Group Plc in a report on Monday, April 24th. Whitman Howard reissued a “buy” rating and set a GBX 9,000 ($117.25) target price on shares of Reckitt Benckiser Group Plc in a report on Friday, April 21st. Liberum Capital reissued a “buy” rating and set a GBX 7,650 ($99.66) target price on shares of Reckitt Benckiser Group Plc in a report on Thursday, March 23rd. Jefferies Group LLC reissued a “buy” rating and set a GBX 8,000 ($104.22) target price on shares of Reckitt Benckiser Group Plc in a report on Friday, March 31st. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 8,500 ($110.73) target price on shares of Reckitt Benckiser Group Plc in a report on Wednesday, April 12th. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 8,168.65 ($106.42).

Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7351.00 on Tuesday. The stock’s market capitalization is GBX 51.46 billion. 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 firm’s 50-day moving average is GBX 7,775.62 and its 200-day moving average is GBX 7,408.41.

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In other Reckitt Benckiser Group Plc news, insider Adrian Bellamy purchased 554 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were purchased at an average cost of GBX 7,607 ($99.10) per share, for a total transaction of £42,142.78 ($54,902.01). Also, insider Rakesh Kapoor sold 58,094 shares of the business’s stock in a transaction dated Friday, May 5th. The stock was sold at an average price of GBX 7,150 ($93.15), for a total transaction of £4,153,721 ($5,411,309.28).

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).