Morgan Stanley set a GBX 9,000 ($122.05) price target on Reckitt Benckiser Group (LON:RB) in a research note issued to investors on Tuesday. The brokerage currently has a buy rating on the stock.

RB has been the topic of several other reports. Barclays reaffirmed an equal weight rating and issued a GBX 6,600 ($89.50) target price (down from GBX 7,100 ($96.28)) on shares of Reckitt Benckiser Group in a research note on Monday, November 27th. Royal Bank of Canada set a GBX 5,600 ($75.94) target price on shares of Reckitt Benckiser Group and gave the stock a sell rating in a research note on Friday, October 20th. Liberum Capital decreased their target price on shares of Reckitt Benckiser Group from GBX 8,700 ($117.98) to GBX 8,000 ($108.49) and set a buy rating on the stock in a research note on Wednesday, October 25th. Kepler Capital Markets decreased their target price on shares of Reckitt Benckiser Group from GBX 7,800 ($105.78) to GBX 7,300 ($99.00) and set a hold rating on the stock in a research note on Monday, October 9th. Finally, Deutsche Bank reaffirmed a buy rating and issued a GBX 8,500 ($115.27) target price on shares of Reckitt Benckiser Group in a research note on Thursday, October 12th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 7,664.55 ($103.94).

Reckitt Benckiser Group (LON:RB) opened at GBX 6,772 ($91.84) on Tuesday. Reckitt Benckiser Group has a one year low of GBX 6,299 ($85.42) and a one year high of GBX 8,110.43 ($109.99). The company has a market cap of $47,710.00 and a price-to-earnings ratio of 2,264.88.

In other Reckitt Benckiser Group news, insider Adrian Nevil Hennah bought 2,285 shares of the firm’s stock in a transaction on Wednesday, November 8th. The stock was acquired at an average price of GBX 6,567 ($89.06) per share, with a total value of £150,055.95 ($203,493.29). Also, insider Christopher Sinclair bought 2,800 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was acquired at an average cost of GBX 6,597 ($89.46) per share, with a total value of £184,716 ($250,496.34).

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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).

Analyst Recommendations for Reckitt Benckiser Group (LON:RB)

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