Reckitt Benckiser Group Plc (LON:RB) had its target price cut by stock analysts at Investec from GBX 7,150 ($94.84) to GBX 6,400 ($84.89) in a note issued to investors on Friday. The brokerage presently has a “sell” rating on the stock. Investec’s target price would indicate a potential downside of 5.98% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Liberum Capital reissued a “buy” rating and set a GBX 8,150 ($108.10) price objective on shares of Reckitt Benckiser Group Plc in a research report on Thursday, July 6th. Whitman Howard restated a “buy” rating and set a GBX 9,000 ($119.38) price target on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 4th. Berenberg Bank restated a “buy” rating and set a GBX 8,500 ($112.75) price target on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 4th. Deutsche Bank AG restated a “buy” rating and set a GBX 8,500 ($112.75) price target on shares of Reckitt Benckiser Group Plc in a research note on Monday, June 19th. Finally, Kepler Capital Markets restated a “buy” rating and set a GBX 8,100 ($107.44) price target on shares of Reckitt Benckiser Group Plc in a research note on Thursday, July 6th. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 7,972.61 ($105.75).

Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 6807.00 on Friday. The firm’s market cap is GBX 47.88 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 firm’s 50-day moving average price is GBX 7,051.22 and its 200-day moving average price is GBX 7,432.88.

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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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