Reckitt Benckiser Group Plc (LON:RB) shares hit a new 52-week low during trading on Friday . The company traded as low as GBX 6,271 ($87.93) and last traded at GBX 6,310 ($88.47), with a volume of 1320000 shares changing hands. The stock had previously closed at GBX 6,400 ($89.74).

A number of research analysts have recently commented on RB shares. Whitman Howard reissued a “buy” rating and set a GBX 9,000 ($126.19) price objective on shares of Reckitt Benckiser Group in a report on Monday, October 16th. Goldman Sachs Group reissued a “neutral” rating and set a GBX 7,920 ($111.05) price objective on shares of Reckitt Benckiser Group in a report on Tuesday, October 17th. Liberum Capital reissued a “buy” rating and set a GBX 8,700 ($121.99) price objective on shares of Reckitt Benckiser Group in a report on Tuesday, October 17th. Kepler Capital Markets reissued a “hold” rating and set a GBX 7,300 ($102.36) price objective on shares of Reckitt Benckiser Group in a report on Wednesday, October 18th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 6,900 ($96.75) price objective on shares of Reckitt Benckiser Group in a report on Wednesday, October 18th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 7,582.61 ($106.32).

The firm has a market capitalization of $44,410.00 and a PE ratio of 2,110.37.

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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).

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