Reckitt Benckiser Group (RB) Given a GBX 7,000 Price Target by UBS Group Analysts

UBS Group set a GBX 7,000 ($94.93) price target on Reckitt Benckiser Group (LON:RB) in a report published on Thursday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.

RB has been the topic of a number of other research reports. Goldman Sachs Group cut their price objective on Reckitt Benckiser Group from GBX 8,130 ($110.25) to GBX 7,920 ($107.40) and set a neutral rating on the stock in a research report on Thursday, September 21st. Credit Suisse Group reaffirmed an outperform rating and set a GBX 7,700 ($104.42) price objective on shares of Reckitt Benckiser Group in a research report on Friday, October 13th. JPMorgan Chase & Co. reissued a neutral rating and issued a GBX 6,900 ($93.57) target price on shares of Reckitt Benckiser Group in a report on Wednesday, October 18th. Whitman Howard reissued a buy rating and issued a GBX 9,000 ($122.05) target price on shares of Reckitt Benckiser Group in a report on Monday, October 16th. Finally, Societe Generale set a GBX 7,000 ($94.93) target price on Reckitt Benckiser Group and gave the company a neutral rating in a report on Friday, October 20th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 7,664.55 ($103.94).

Reckitt Benckiser Group (LON:RB) traded up GBX 2 ($0.03) during trading on Thursday, hitting GBX 6,802 ($92.24). The stock had a trading volume of 1,308,569 shares, compared to its average volume of 1,170,000. Reckitt Benckiser Group has a 1-year low of GBX 6,299 ($85.42) and a 1-year high of GBX 8,110.43 ($109.99). The stock has a market capitalization of $47,860.00 and a price-to-earnings ratio of 2,274.92.

In other news, insider Christopher Sinclair bought 2,800 shares of Reckitt Benckiser Group stock in a transaction on Wednesday, November 1st. The stock was purchased at an average cost of GBX 6,597 ($89.46) per share, with a total value of £184,716 ($250,496.34). Also, insider Adrian Nevil Hennah bought 2,285 shares of Reckitt Benckiser Group stock in a transaction on Wednesday, November 8th. The shares were purchased at an average cost of GBX 6,567 ($89.06) per share, with a total value of £150,055.95 ($203,493.29).

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Reckitt Benckiser Group Company Profile

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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