Reckitt Benckiser Group Plc (LON:RB) Given a GBX 7,250 Price Target by UBS AG Analysts
UBS AG set a GBX 7,250 ($95.32) price objective on Reckitt Benckiser Group Plc (LON:RB) in a report issued on Monday, October 2nd, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.
A number of other brokerages also recently commented on RB. J P Morgan Chase & Co reissued a neutral rating on shares of Reckitt Benckiser Group Plc in a research report on Friday, June 30th. Jefferies Group LLC set a GBX 8,200 ($107.81) price objective on shares of Reckitt Benckiser Group Plc and gave the company a neutral rating in a research report on Friday, July 7th. Liberum Capital reaffirmed a buy rating and issued a GBX 8,150 ($107.15) target price on shares of Reckitt Benckiser Group Plc in a research report on Wednesday, July 12th. Shore Capital reaffirmed a hold rating on shares of Reckitt Benckiser Group Plc in a research report on Wednesday, July 19th. Finally, Independent Research GmbH set a GBX 8,500 ($111.75) target price on shares of Reckitt Benckiser Group Plc and gave the company a neutral rating in a research report on Thursday, July 20th. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and eight have given a buy rating to the stock. Reckitt Benckiser Group Plc currently has a consensus rating of Hold and a consensus price target of GBX 7,950.87 ($104.53).
Reckitt Benckiser Group Plc (LON RB) traded up 0.29% during mid-day trading on Monday, reaching GBX 7187.00. The company’s stock had a trading volume of 1,105,740 shares. The company has a 50-day moving average price of GBX 7,014.76 and a 200-day moving average price of GBX 7,417.54. The firm’s market cap is GBX 50.56 billion. Reckitt Benckiser Group Plc has a 12-month low of GBX 6,496.00 and a 12-month high of GBX 8,110.43.
The firm also recently declared a dividend, which was paid on Thursday, September 28th. Shareholders of record on Thursday, August 17th were given a dividend of GBX 66.60 ($0.88) per share. The ex-dividend date of this dividend was Thursday, August 17th. This represents a yield of 0.87%.
About Reckitt Benckiser Group Plc
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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