Reckitt Benckiser Group Plc (RB) PT Set at £100 by Morgan Stanley

Reckitt Benckiser Group Plc (LON:RB) received a £100 ($131.48) price target from equities research analysts at Morgan Stanley in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Morgan Stanley’s target price would indicate a potential upside of 41.04% from the stock’s current price.

Other research analysts also recently issued research reports about the company. Liberum Capital reiterated a “buy” rating and issued a GBX 8,150 ($107.15) price objective on shares of Reckitt Benckiser Group Plc in a report on Thursday, July 6th. Whitman Howard reiterated a “buy” rating and issued a GBX 9,000 ($118.33) price objective on shares of Reckitt Benckiser Group Plc in a report on Tuesday, July 4th. Berenberg Bank reiterated a “buy” rating and issued a GBX 8,500 ($111.75) price objective on shares of Reckitt Benckiser Group Plc in a report on Tuesday, July 4th. Deutsche Bank AG restated a “buy” rating and set a GBX 8,500 ($111.75) price target on shares of Reckitt Benckiser Group Plc in a report on Monday, June 19th. Finally, Kepler Capital Markets restated a “buy” rating and set a GBX 8,100 ($106.49) price target on shares of Reckitt Benckiser Group Plc in a report on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 7,950.87 ($104.53).

Shares of Reckitt Benckiser Group Plc (RB) opened at 7076.00 on Wednesday. The firm’s market cap is GBX 49.78 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 stock has a 50 day moving average price of GBX 7,023.33 and a 200 day moving average price of GBX 7,423.65.

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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 and DvM. 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).

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

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