Liberum Capital reiterated their buy rating on shares of Reckitt Benckiser Group Plc (LON:RB) in a report published on Wednesday, July 19th. Liberum Capital currently has a GBX 8,150 ($107.51) price target on the stock.
A number of other brokerages have also issued reports on RB. Jefferies Group LLC decreased their target price on shares of Reckitt Benckiser Group Plc from GBX 8,000 ($105.53) to GBX 7,750 ($102.23) and set a buy rating on the stock in a research report on Wednesday, May 3rd. Shore Capital restated a hold rating on shares of Reckitt Benckiser Group Plc in a research report on Monday, April 3rd. J P Morgan Chase & Co restated a neutral rating and set a GBX 6,750 ($89.04) target price on shares of Reckitt Benckiser Group Plc in a research report on Monday, April 24th. Kepler Capital Markets restated a buy rating and set a GBX 8,100 ($106.85) target price on shares of Reckitt Benckiser Group Plc in a research report on Tuesday, July 18th. Finally, Deutsche Bank AG restated a buy rating and set a GBX 8,500 ($112.12) target price on shares of Reckitt Benckiser Group Plc in a research report on Monday, June 19th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 8,129.38 ($107.23).
Reckitt Benckiser Group Plc (LON RB) traded up 0.68% during midday trading on Wednesday, reaching GBX 7507.00. The company had a trading volume of 551,844 shares. The stock’s 50 day moving average price is GBX 7,734.95 and its 200-day moving average price is GBX 7,424.86. 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 capitalization is GBX 52.81 billion.
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The firm also recently declared a dividend, which will be paid on Thursday, September 28th. Stockholders of record on Thursday, August 17th will be paid a dividend of GBX 66.60 ($0.88) per share. This represents a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, August 17th.
In other Reckitt Benckiser Group Plc news, insider Adrian Bellamy purchased 554 shares of the company’s stock in a transaction dated Friday, May 19th. The stock was purchased at an average price of GBX 7,607 ($100.34) per share, with a total value of £42,142.78 ($55,590.00).
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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