JPMorgan Chase & Co. set a GBX 7,500 ($103.62) price objective on Reckitt Benckiser Group (LON:RB) in a report released on Monday, February 19th. The brokerage currently has a buy rating on the stock.
RB has been the topic of several other research reports. Investec reaffirmed a sell rating and set a GBX 6,400 ($88.42) price objective on shares of Reckitt Benckiser Group in a report on Monday, January 29th. Liberum Capital dropped their price objective on Reckitt Benckiser Group from GBX 8,700 ($120.20) to GBX 8,000 ($110.53) and set a buy rating on the stock in a report on Wednesday, October 25th. Deutsche Bank reaffirmed a buy rating and set a GBX 8,250 ($113.98) price objective on shares of Reckitt Benckiser Group in a report on Tuesday, January 23rd. Citigroup reaffirmed a buy rating and set a GBX 7,900 ($109.15) price objective on shares of Reckitt Benckiser Group in a report on Wednesday, February 7th. Finally, Barclays reaffirmed an equal weight rating and set a GBX 6,600 ($91.19) price objective (down previously from GBX 7,100 ($98.09)) on shares of Reckitt Benckiser Group in a report on Monday, November 27th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 7,190 ($99.34).
Reckitt Benckiser Group (LON RB) traded down GBX 16 ($0.22) during trading hours on Monday, reaching GBX 5,649 ($78.05). The company had a trading volume of 1,502,807 shares, compared to its average volume of 1,700,000. The stock has a market capitalization of $39,820.00 and a price-to-earnings ratio of 2,054.18. Reckitt Benckiser Group has a 52-week low of GBX 5,608 ($77.48) and a 52-week high of GBX 8,110.43 ($112.05).
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Reckitt Benckiser Group 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).
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