Reckitt Benckiser Group (LON:RKT – Get Free Report) had its price target dropped by stock analysts at Berenberg Bank from GBX 5,200 ($67.51) to GBX 5,177 ($67.22) in a note issued to investors on Wednesday, Marketbeat reports. The brokerage currently has a “hold” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 6.50% from the company’s current price.
Other equities research analysts have also recently issued reports about the company. Jefferies Financial Group restated a “hold” rating and set a GBX 4,400 ($57.13) target price on shares of Reckitt Benckiser Group in a research report on Monday, July 29th. JPMorgan Chase & Co. downgraded Reckitt Benckiser Group to a “neutral” rating in a research report on Friday, August 30th.
Check Out Our Latest Research Report on Reckitt Benckiser Group
Reckitt Benckiser Group Stock Performance
Insider Activity
In related news, insider Fiona Dawson bought 25 shares of the business’s stock in a transaction dated Wednesday, October 23rd. The stock was acquired at an average price of GBX 4,923 ($63.92) per share, with a total value of £1,230.75 ($1,597.96). Company insiders own 0.05% of the company’s stock.
About Reckitt Benckiser Group
Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.
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