UBS AG Analysts Give Reckitt Benckiser Group Plc (RB) a GBX 7,000 Price Target

UBS AG set a GBX 7,000 ($92.07) price target on Reckitt Benckiser Group Plc (LON:RB) in a research report released on Wednesday, November 1st, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.

Several other research analysts also recently issued reports on RB. Berenberg Bank reaffirmed a buy rating and set a GBX 8,500 ($111.80) price target on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 4th. Whitman Howard reaffirmed a buy rating and set a GBX 9,000 ($118.37) price target on shares of Reckitt Benckiser Group Plc in a research note on Tuesday, July 4th. Liberum Capital reissued a buy rating and issued a GBX 8,150 ($107.19) target price on shares of Reckitt Benckiser Group Plc in a research note on Thursday, July 6th. Jefferies Group LLC downgraded shares of Reckitt Benckiser Group Plc to a hold rating and boosted their target price for the company from GBX 7,750 ($101.93) to GBX 8,400 ($110.48) in a research note on Thursday, July 6th. Finally, Kepler Capital Markets reissued a buy rating and issued a GBX 8,100 ($106.54) target price on shares of Reckitt Benckiser Group Plc in a research note on Thursday, July 6th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of GBX 7,757.73 ($102.04).

Shares of Reckitt Benckiser Group Plc (RB) traded down GBX 13 ($0.17) on Wednesday, hitting GBX 6,380 ($83.91). 1,264,514 shares of the stock were exchanged, compared to its average volume of 1,660,000. Reckitt Benckiser Group Plc has a twelve month low of GBX 6,342 ($83.41) and a twelve month high of GBX 8,110.43 ($106.67).

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In other news, insider Christopher Sinclair purchased 2,800 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was bought at an average cost of GBX 6,597 ($86.77) per share, with a total value of £184,716 ($242,951.47). Also, insider Adrian Nevil Hennah purchased 2,285 shares of the business’s stock in a transaction dated Wednesday, November 8th. The shares were purchased at an average cost of GBX 6,567 ($86.37) per share, with a total value of £150,055.95 ($197,364.13).

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).

Analyst Recommendations for Reckitt Benckiser Group Plc (LON:RB)

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