A statement released earlier today by Goldman Sachs about Reckitt Benckiser Group PLC (LON:RB) bumps the target price to 7,430.00GBX
- Updated: December 1, 2016
Having a price of 6,612.00GBX, Reckitt Benckiser Group PLC (LON:RB) traded -0.44% lower on the day. With the last close down -8.07% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same period. Reckitt Benckiser Group PLC has recorded a 50-day average of 7,094.42GBX and a two hundred day average of 7,178.37GBX. Volume of trade was down over the average, with 152,832 shares of RB changing hands under the typical 1,372,330
Stating a potential upside of 0.12%, Goldman Sachs upped the price target of Reckitt Benckiser Group PLC (LON:RB) to 7,430.00GBX
With a total market value of 0 GBX, Reckitt Benckiser Group PLC has PE ratio of 30.38 with a one year low of 5,839.08GBX and a one year high of 7,786.00GBX .
A total of 20 brokerages have issued a ratings update on Reckitt Benckiser Group PLC. Four brokerages rating the company a strong buy, nine brokerages rating the company a buy, nine brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 7,549.15GBX.
General Company Details For Reckitt Benckiser Group PLC (LON:RB)
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company's segments include ENA, DvM and Food. 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). Health, Hygiene, Home and Portfolio Brands categories are split across the geographical segments of ENA and DVM. The Food segment provides food products, which are sold in ENA countries. Its range of hygiene products includes disinfectant cleaners, automatic dishwashing detergents, pest control, depilatory products and acne treatments. The Company's portfolio of brands includes Durex, Mucinex, Scholl, Strepsils, Cillit Bang, Clearasil, Dettol, Harpic, Lysol, Mortein, Veet, Air Wick, Calgon, Vanish and Woolite.
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