Reckitt Benckiser Group (RB) Given New GBX 7,000 Price Target at Kepler Capital Markets

Reckitt Benckiser Group (LON:RB) had its price objective decreased by Kepler Capital Markets from GBX 7,300 ($99.00) to GBX 7,000 ($94.93) in a report issued on Monday. Kepler Capital Markets currently has a hold rating on the stock.

Several other analysts have also recently commented on the stock. JPMorgan Chase & Co. set a GBX 7,500 ($101.71) price target on shares of Reckitt Benckiser Group and gave the stock a buy rating in a report on Wednesday, January 3rd. Liberum Capital restated a buy rating and set a GBX 8,000 ($108.49) price target on shares of Reckitt Benckiser Group in a report on Tuesday, December 19th. Goldman Sachs Group set a GBX 7,070 ($95.88) price target on shares of Reckitt Benckiser Group and gave the stock a neutral rating in a report on Monday, December 11th. Barclays restated an equal weight rating and set a GBX 6,600 ($89.50) price target (down from GBX 7,100 ($96.28)) on shares of Reckitt Benckiser Group in a report on Monday, November 27th. Finally, UBS Group set a GBX 7,000 ($94.93) price target on shares of Reckitt Benckiser Group and gave the stock a neutral rating in a report on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 7,664.55 ($103.94).

Shares of Reckitt Benckiser Group (RB) opened at GBX 6,776 ($91.89) on Monday. The company has a market cap of $47,750.00 and a P/E ratio of 2,266.22. Reckitt Benckiser Group has a fifty-two week low of GBX 6,299 ($85.42) and a fifty-two week high of GBX 8,110.43 ($109.99).

In related news, insider Adrian Nevil Hennah acquired 2,285 shares of the stock in a transaction dated Wednesday, November 8th. The shares were acquired at an average price of GBX 6,567 ($89.06) per share, for a total transaction of £150,055.95 ($203,493.29). Also, insider Christopher Sinclair acquired 2,800 shares of the stock in a transaction dated Wednesday, November 1st. The stock was bought at an average price of GBX 6,597 ($89.46) per share, for a total transaction of £184,716 ($250,496.34).

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About Reckitt Benckiser Group

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 (LON:RB)

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