Berenberg Bank set a GBX 8,000 ($106.30) target price on Reckitt Benckiser Group Plc (LON:RB) in a research note released on Thursday morning. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also recently issued reports on RB. Jefferies Group LLC set a GBX 8,200 ($108.96) target price on Reckitt Benckiser Group Plc and gave the stock a neutral rating in a report on Friday, July 7th. J P Morgan Chase & Co reiterated a neutral rating on shares of Reckitt Benckiser Group Plc in a report on Friday, June 30th. Liberum Capital reiterated a buy rating and issued a GBX 8,150 ($108.29) target price on shares of Reckitt Benckiser Group Plc in a report on Wednesday, July 12th. Shore Capital reiterated a hold rating on shares of Reckitt Benckiser Group Plc in a report on Wednesday, July 19th. Finally, Independent Research GmbH set a GBX 8,500 ($112.94) target price on Reckitt Benckiser Group Plc and gave the stock a neutral rating in a report on Thursday, July 20th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the stock. Reckitt Benckiser Group Plc has an average rating of Hold and an average price target of GBX 7,800.91 ($103.65).

Shares of Reckitt Benckiser Group Plc (LON:RB) traded down 2.65% on Thursday, reaching GBX 6610.00. 2,263,936 shares of the company’s stock were exchanged. 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’s market cap is GBX 46.50 billion. The company’s 50 day moving average price is GBX 6,948.11 and its 200-day moving average price is GBX 7,401.60.

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The company also recently disclosed a dividend, which was paid on Thursday, September 28th. Investors of record on Thursday, August 17th were issued a GBX 66.60 ($0.88) dividend. This represents a yield of 0.87%. The ex-dividend date of this dividend was Thursday, August 17th.

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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