Several other research analysts have also issued reports on RB. Liberum Capital cut their target price on shares of Reckitt Benckiser Group from GBX 8,700 ($120.20) to GBX 8,000 ($110.53) and set a buy rating for the company in a research report on Wednesday, October 25th. UBS Group set a GBX 7,000 ($96.71) target price on shares of Reckitt Benckiser Group and gave the stock a neutral rating in a research report on Wednesday, November 1st. JPMorgan Chase & Co. reiterated a neutral rating on shares of Reckitt Benckiser Group in a research report on Monday, November 6th. Barclays reiterated an equal weight rating and issued a GBX 6,600 ($91.19) target price (down from GBX 7,100 ($98.09)) on shares of Reckitt Benckiser Group in a research report on Monday, November 27th. Finally, Goldman Sachs Group set a GBX 7,070 ($97.68) target price on shares of Reckitt Benckiser Group and gave the stock a neutral rating in a research report on Monday, December 11th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of GBX 7,254.35 ($100.23).
Reckitt Benckiser Group (LON RB) opened at GBX 5,869 ($81.09) on Tuesday. Reckitt Benckiser Group has a 1 year low of GBX 5,867 ($81.06) and a 1 year high of GBX 8,110.43 ($112.05). The stock has a market cap of $41,280.00 and a price-to-earnings ratio of 2,134.18.
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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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