Goldman Sachs Group set a GBX 7,200 ($94.08) price target on Reckitt Benckiser Group (LON:RB) in a research note released on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other research analysts also recently issued research reports about the company. JPMorgan Chase & Co. set a €33.40 ($38.84) price target on Siemens Healthineers and gave the stock a neutral rating in a research note on Thursday. Kepler Capital Markets set a €14.00 ($16.28) price target on alstria office REIT and gave the stock a neutral rating in a research note on Tuesday, May 7th. HSBC set a $46.00 price target on Aqua America and gave the stock a buy rating in a research note on Friday, June 28th. Bryan, Garnier & Co cut their price target on GlaxoSmithKline from GBX 1,710 ($22.34) to GBX 1,660 ($21.69) and set a neutral rating for the company in a research note on Thursday, May 2nd. Finally, Deutsche Bank reiterated a hold rating and set a GBX 1,775 ($23.19) price target on shares of in a research note on Wednesday, June 26th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of GBX 7,211.11 ($94.23).
RB stock opened at GBX 6,595 ($86.18) on Thursday. The company has a debt-to-equity ratio of 80.49, a current ratio of 0.65 and a quick ratio of 0.47. The company has a market cap of $46.76 billion and a P/E ratio of 21.64. Reckitt Benckiser Group has a fifty-two week low of GBX 5,559 ($72.64) and a fifty-two week high of GBX 7,174 ($93.74). The business’s fifty day moving average price is GBX 6,384.22.
About Reckitt Benckiser Group
Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers acne treatment creams, facial washes, and cleansing pads; disinfection, hygiene, and first aid products; condoms, sex toys, and lubricants; heartburn and indigestion solutions; and cough and chest congestion, multi-symptom, and sinus remedies for adults and children under the Clearasil, Dettol, Durex, Gaviscon, and Mucinex brands.
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