Today: The Reckitt Benckiser Group Plc (RB) Given a GBX 7,200 Price Target by Goldman Sachs Group Inc. Analysts

The Reckitt Benckiser Group Plc (RB) Given a GBX 7,200 Price Target by Goldman Sachs Group Inc. Analysts

Goldman Sachs Group Inc. set a GBX 7,200 ($89.11) target price on Reckitt Benckiser Group Plc (LON:RB) in a report published on Friday. The firm currently has a a neutral rating on the stock.

A number of other brokerages have also recently weighed in on RB. JPMorgan Chase & Co. reiterated a neutral rating on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 12th. Liberum Capital restated a buy rating and issued a GBX 8,400 ($103.96) target price on shares of Reckitt Benckiser Group Plc in a research note on Monday, July 11th. Barclays PLC upgraded shares of Reckitt Benckiser Group Plc to an equal weight rating and raised their target price for the stock from GBX 5,900 ($73.02) to GBX 7,100 ($87.87) in a research note on Friday, July 8th. Credit Suisse Group AG raised their target price on shares of Reckitt Benckiser Group Plc from GBX 7,600 ($94.06) to GBX 7,900 ($97.77) and gave the stock an outperform rating in a research note on Monday, July 4th. Finally, Kepler Capital Markets raised their target price on shares of Reckitt Benckiser Group Plc from GBX 7,425 ($91.89) to GBX 8,500 ($105.20) and gave the stock a buy rating in a research note on Tuesday, July 5th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and fourteen have given a buy rating to the company. Reckitt Benckiser Group Plc has an average rating of Hold and an average target price of GBX 7,655.75 ($94.75).

Reckitt Benckiser Group Plc (LON:RB) traded down 0.23% during trading on Friday, reaching GBX 7375.00. 620,021 shares of the company were exchanged. Reckitt Benckiser Group Plc has a 12 month low of GBX 5,839.08 and a 12 month high of GBX 7,786.00. The firm’s market capitalization is GBX 52.00 billion. The stock has a 50 day moving average price of GBX 7,287.86 and a 200 day moving average price of GBX 7,112.73.

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