Reckitt Benckiser Group Plc’s (RB) Buy Rating Reiterated at Deutsche Bank AG

Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank AG in a report released on Thursday. They presently have a GBX 8,500 ($111.75) price target on the stock. Deutsche Bank AG’s price target suggests a potential upside of 20.77% from the company’s current price.

A number of other equities analysts have also recently commented on RB. Jefferies Group LLC reduced their target price on Reckitt Benckiser Group Plc from GBX 8,150 ($107.15) to GBX 7,500 ($98.61) and set a “hold” rating for the company in a report on Friday, September 15th. Societe Generale set a GBX 7,800 ($102.55) target price on Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a report on Tuesday, September 5th. BNP Paribas set a GBX 7,700 ($101.24) target price on Reckitt Benckiser Group Plc and gave the company a “neutral” rating in a report on Tuesday, September 5th. Investec reissued a “sell” rating and set a GBX 7,425 ($97.62) target price on shares of Reckitt Benckiser Group Plc in a report on Monday, July 24th. Finally, J P Morgan Chase & Co reduced their target price on Reckitt Benckiser Group Plc from GBX 7,200 ($94.66) to GBX 6,900 ($90.72) and set a “neutral” rating for the company in a report on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. Reckitt Benckiser Group Plc presently has a consensus rating of “Hold” and an average price target of GBX 7,950.87 ($104.53).

Shares of Reckitt Benckiser Group Plc (RB) opened at 7038.00 on Thursday. 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 company’s 50-day moving average price is GBX 7,023.73 and its 200 day moving average price is GBX 7,420.93. The company’s market cap is GBX 49.51 billion.

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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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