Reckitt Benckiser Group (RB) Rating Reiterated by Liberum Capital

Liberum Capital reissued their buy rating on shares of Reckitt Benckiser Group (LON:RB) in a research report sent to investors on Tuesday morning. They currently have a GBX 8,000 ($107.67) price target on the stock.

A number of other equities analysts have also recently issued reports on RB. Berenberg Bank reiterated a buy rating and set a GBX 8,500 ($114.40) price objective on shares of Reckitt Benckiser Group in a research report on Thursday, September 28th. Morgan Stanley set a £100 ($134.59) price objective on shares of Reckitt Benckiser Group and gave the stock a buy rating in a research report on Wednesday, October 11th. Deutsche Bank reiterated a buy rating and set a GBX 8,500 ($114.40) price objective on shares of Reckitt Benckiser Group in a research report on Thursday, October 12th. Whitman Howard reiterated a buy rating and set a GBX 9,000 ($121.13) price objective on shares of Reckitt Benckiser Group in a research report on Monday, October 16th. Finally, Barclays reiterated an equal weight rating and set a GBX 6,600 ($88.83) price objective (down from GBX 7,100 ($95.56)) on shares of Reckitt Benckiser Group in a research report on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company. The company has an average rating of Hold and an average price target of GBX 7,723.64 ($103.95).

Reckitt Benckiser Group (RB) opened at GBX 6,833 ($91.97) on Tuesday. The company has a market cap of $47,910.00 and a P/E ratio of 2,285.28. Reckitt Benckiser Group has a 12-month low of GBX 6,299 ($84.78) and a 12-month high of GBX 8,110.43 ($109.16).

In related news, insider Christopher Sinclair bought 2,800 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were bought at an average price of GBX 6,597 ($88.79) per share, for a total transaction of £184,716 ($248,608.34). Also, insider Adrian Nevil Hennah bought 2,285 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The shares were bought at an average price of GBX 6,567 ($88.38) per share, for a total transaction of £150,055.95 ($201,959.56).

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About Reckitt Benckiser Group

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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