Reckitt Benckiser Group (RBGLY) Stock Forecast & Price Target

$12.19 +0.16 (+1.33%)

(As of 11/22/2024 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

Moderate Buy

Based on 7 Analyst Ratings

Sell
1

Hold
3

Buy
3

Based on 7 Wall Street analysts who have issued ratings for Reckitt Benckiser Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 1 has given a sell rating, 3 have given a hold rating, and 3 have given a strong buy rating for RBGLY.

Consensus Price Target

N/A

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RBGLY Analyst Ratings Over Time

Type	Current Forecast 11/24/23 to 11/23/24	1 Month Ago 10/25/23 to 10/24/24	3 Months Ago 8/26/23 to 8/25/24	1 Year Ago 11/24/22 to 11/24/23
Strong Buy	3 Strong Buy rating(s)	3 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	3 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Hold

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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.

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.

Reckitt Benckiser Group Stock vs. The Competition

Type	Reckitt Benckiser Group	Consumer Staples Companies	S&P 500
Consensus Rating Score	2.71	2.49	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	N/A	35.59% Upside	7.66% Upside
News Sentiment Rating	Neutral News See Recent RBGLY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target
11/4/2024	Sanford C. Bernstein 3 of 5 stars	B. Monteyne Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
10/4/2024	Barclays 3 of 5 stars	I. Simpson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
10/1/2024	Citigroup 3 of 5 stars	C. Besnard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
9/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Delmas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/29/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Neutral
1/9/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral
Get the Latest News and Ratings for RBGLY and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Reckitt Benckiser Group and its competitors with MarketBeat's FREE daily newsletter.
12/11/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Underperform
11/14/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight
10/27/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
10/26/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
6/30/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 6,350 ➝ GBX 6,250
4/27/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		GBX 6,200 ➝ GBX 6,400
1/9/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:06 PM ET.

Should I Buy Reckitt Benckiser Group Stock? RBGLY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 22, 2024. Please send any questions or comments about these Reckitt Benckiser Group pros and cons to contact@marketbeat.com.

Reckitt Benckiser Group
Bull Case

Here are some ways that investors could benefit from investing in Reckitt Benckiser Group plc:

Recent upgrades from multiple analysts, including UBS Group and Citigroup, to a "strong-buy" rating indicate positive sentiment and potential for stock appreciation.
The stock is currently trading at $12.54, which is above its 1-year low of $10.24, suggesting a recovery trend and potential for further gains.
A significant drop in short interest by 44.4% indicates reduced bearish sentiment among investors, which could lead to upward price momentum.
Reckitt Benckiser Group plc has a diverse product portfolio in health, hygiene, and nutrition, which can provide stability and growth opportunities in various market conditions.
The company has received a consensus rating of "Moderate Buy," reflecting a generally favorable outlook from analysts, which can attract more investors.

Reckitt Benckiser Group
Bear Case

Investors should be bearish about investing in Reckitt Benckiser Group plc for these reasons:

The downgrade from Sanford C. Bernstein from a "strong-buy" to a "hold" rating may signal caution and a potential slowdown in growth expectations.
With a current ratio of 0.69 and a quick ratio of 0.47, the company may face liquidity challenges, indicating it might struggle to meet short-term obligations.
The debt-to-equity ratio of 0.97 suggests that the company is heavily leveraged, which can increase financial risk, especially in volatile market conditions.
Despite recent upgrades, one analyst has rated the stock with a sell rating, indicating that there are differing opinions on the stock's future performance.
Recent trading activity shows fluctuations in stock price, which may indicate volatility and uncertainty in investor confidence.

RBGLY Forecast - Frequently Asked Questions

: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Reckitt Benckiser Group in the last year. There is currently 1 sell rating, 3 hold ratings and 3 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RBGLY shares.
: According to analysts, Reckitt Benckiser Group's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, Reckitt Benckiser Group's stock had 3 upgrades and 2 downgrades by analysts.
: Reckitt Benckiser Group has been rated by research analysts at Barclays, Citigroup, JPMorgan Chase & Co., Sanford C. Bernstein, and UBS Group in the past 90 days.
: Analysts like Reckitt Benckiser Group more than other "consumer staples" companies. The consensus rating for Reckitt Benckiser Group is Moderate Buy while the average consensus rating for "consumer staples" companies is Hold. Learn more on how RBGLY compares to other companies.

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This page (OTCMKTS:RBGLY) was last updated on 11/23/2024 by MarketBeat.com Staff

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Reckitt Benckiser Group (RBGLY) Stock Forecast & Price Target