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Reckitt Benckiser Group (RBGLY) Stock Forecast & Price Target

$11.13
-0.23 (-2.02%)
(As of 07/15/2024 ET)

Reckitt Benckiser Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 6 Wall Street analysts who have issued ratings for Reckitt Benckiser Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 1 has given a sell rating, 4 have given a hold rating, and 1 has given a buy rating for RBGLY.

Consensus Price Target

N/A

According to the 6 analysts' twelve-month price targets for Reckitt Benckiser Group,

TypeCurrent Forecast
7/17/23 to 7/16/24
1 Month Ago
6/17/23 to 6/16/24
3 Months Ago
4/18/23 to 4/17/24
1 Year Ago
7/17/22 to 7/17/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetN/AN/AN/AN/A
Forecasted UpsideN/AN/AN/AN/A
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RBGLY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RBGLY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Reckitt Benckiser Group Stock vs. The Competition

TypeReckitt Benckiser GroupConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.00
2.43
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside746.64% Upside7.74% Upside
News Sentiment RatingNegative News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
1/9/2024BNP Paribas
3 of 5 stars
 UpgradeUnderperform ➝ Neutral
12/11/2023Jefferies Financial Group
2 of 5 stars
 DowngradeHold ➝ Underperform
12/11/2023Sanford C. Bernstein
3 of 5 stars
 UpgradeMarket Perform ➝ Outperform
11/14/2023Morgan Stanley
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 DowngradeOverweight ➝ Equal Weight
10/27/2023Berenberg Bank
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 DowngradeBuy ➝ Hold
10/26/2023HSBC
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 DowngradeBuy ➝ Hold
10/2/2023Barclays
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 Lower TargetGBX 7,700 ➝ GBX 7,400
6/30/2023Deutsche Bank Aktiengesellschaft
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 Lower TargetGBX 6,350 ➝ GBX 6,250
4/27/2023Credit Suisse Group
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 Boost TargetGBX 6,200 ➝ GBX 6,400
4/27/2023UBS Group
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 Boost TargetGBX 7,300 ➝ GBX 7,500
1/9/2023Societe Generale
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 UpgradeSell ➝ Buy
12/1/2022JPMorgan Chase & Co.
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 Lower TargetGBX 8,500 ➝ GBX 7,500

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:04 PM ET.

RBGLY Forecast - Frequently Asked Questions

What is Reckitt Benckiser Group's forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Reckitt Benckiser Group is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00.

Should I buy or sell Reckitt Benckiser Group stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reckitt Benckiser Group in the last year. There is currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" RBGLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RBGLY, but not buy additional shares or sell existing shares.

Do Wall Street analysts like Reckitt Benckiser Group more than its competitors?

Analysts like Reckitt Benckiser Group less than other "consumer staples" companies. The consensus rating score for Reckitt Benckiser Group is 2.00 while the average consensus rating score for "consumer staples" companies is 2.43. Learn more on how RBGLY compares to other companies.


This page (OTCMKTS:RBGLY) was last updated on 7/16/2024 by MarketBeat.com Staff

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