Trading Report: Today, Reckitt Benckiser Group Plc’s (RB) “Buy” Rating Reiterate at Societe Generale

Today, Reckitt Benckiser Group Plc’s (RB) “Buy” Rating Reiterate at Societe Generale

Reckitt Benckiser Group Plc (LON:RB)‘s stock had its “buy” rating reissued by equities research analysts at Societe Generale in a research report issued on Monday.

Other research analysts have also recently issued research reports about the company. Liberum Capital reissued a “buy” rating and issued a GBX 8,400 ($104.95) target price on shares of Reckitt Benckiser Group Plc in a research note on Friday, July 29th. Credit Suisse Group AG set a GBX 7,950 ($99.33) target price on Reckitt Benckiser Group Plc and gave the company a “buy” rating in a research note on Monday, July 18th. Commerzbank AG set a GBX 8,500 ($106.20) target price on Reckitt Benckiser Group Plc and gave the company a “buy” rating in a research note on Thursday, July 21st. S&P Global Inc. set a GBX 7,800 ($97.45) target price on Reckitt Benckiser Group Plc and gave the company a “buy” rating in a research note on Friday, July 29th. Finally, HSBC increased their target price on Reckitt Benckiser Group Plc from GBX 8,100 ($101.20) to GBX 8,280 ($103.45) and gave the company a “buy” rating in a research note on Monday, August 1st. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 7,665.52 ($95.77).

Shares of Reckitt Benckiser Group Plc (LON:RB) traded up 0.90% on Monday, hitting GBX 6817.00. The stock had a trading volume of 1,366,116 shares. Reckitt Benckiser Group Plc has a 1-year low of GBX 5,839.08 and a 1-year high of GBX 7,786.00. The firm has a 50 day moving average of GBX 7,111.92 and a 200-day moving average of GBX 7,176.57. The firm’s market capitalization is GBX 48.07 billion.

In other news, insider Adrian Nevil Hennah purchased 8,959 shares of Reckitt Benckiser Group Plc stock in a transaction that occurred on Friday, October 21st. The stock was bought at an average price of GBX 7,219 ($90.19) per share, with a total value of £646,750.21 ($808,033.75).

Related posts

Leave a Comment