Reckitt Benckiser Group Plc (RB) PT Set at GBX 7,000 by UBS AG
Reckitt Benckiser Group Plc (LON:RB) has been assigned a GBX 7,000 ($92.37) target price by equities research analysts at UBS AG in a research note issued on Wednesday. The brokerage presently has a “neutral” rating on the stock. UBS AG’s target price points to a potential upside of 6.35% from the stock’s current price.
RB has been the topic of several other reports. Royal Bank Of Canada set a GBX 5,600 ($73.90) price target on shares of Reckitt Benckiser Group Plc and gave the stock a “sell” rating in a research report on Friday, October 20th. Liberum Capital dropped their price target on shares of Reckitt Benckiser Group Plc from GBX 8,700 ($114.81) to GBX 8,000 ($105.57) and set a “buy” rating on the stock in a research report on Wednesday, October 25th. Kepler Capital Markets dropped their price target on shares of Reckitt Benckiser Group Plc from GBX 7,800 ($102.93) to GBX 7,300 ($96.33) and set a “hold” rating on the stock in a research report on Monday, October 9th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 8,500 ($112.17) price target on shares of Reckitt Benckiser Group Plc in a research report on Thursday, October 12th. Finally, Morgan Stanley set a £100 ($131.96) price target on shares of Reckitt Benckiser Group Plc and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company. Reckitt Benckiser Group Plc has an average rating of “Hold” and a consensus price target of GBX 7,757.73 ($102.37).
In other news, insider Christopher Sinclair purchased 2,800 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was acquired at an average price of GBX 6,597 ($87.05) per share, with a total value of £184,716 ($243,752.97).
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).
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