Shares of Reckitt Benckiser Group Plc (LON:RB) were down 0% during trading on Wednesday . The stock traded as low as GBX 6,508 ($87.16) and last traded at GBX 6,518 ($87.29). Approximately 1,796,642 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 1,720,000 shares. The stock had previously closed at GBX 6,518 ($87.29).

Several analysts recently commented on RB shares. Macquarie reiterated a “buy” rating and issued a GBX 9,000 ($120.53) price objective on shares of Reckitt Benckiser Group in a research note on Wednesday, August 2nd. Citigroup set a GBX 8,900 ($119.19) price objective on shares of Reckitt Benckiser Group and gave the company a “buy” rating in a research note on Thursday, August 3rd. J P Morgan Chase & Co set a GBX 7,200 ($96.42) price objective on shares of Reckitt Benckiser Group and gave the company a “neutral” rating in a research note on Tuesday, August 8th. Liberum Capital reiterated a “buy” rating and issued a GBX 8,700 ($116.51) price objective on shares of Reckitt Benckiser Group in a research note on Wednesday, August 30th. Finally, Societe Generale set a GBX 7,800 ($104.46) price objective on shares of Reckitt Benckiser Group and gave the company a “neutral” rating in a research note on Tuesday, September 5th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 7,762.27 ($103.95).

In related news, insider Christopher Sinclair purchased 2,800 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were purchased at an average cost of GBX 6,597 ($88.35) per share, with a total value of £184,716 ($247,376.46). Also, insider Adrian Nevil Hennah purchased 2,285 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The stock was bought at an average cost of GBX 6,567 ($87.95) per share, for a total transaction of £150,055.95 ($200,958.82).

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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).

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