Reckitt Benckiser Group (RBGLY) Stock Forecast & Price Target

$12.38

+0.08 (+0.65%)

(As of 09/18/2024 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

Hold
Based on 7 Analyst Ratings

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 "Hold." Out of the 7 analysts, 1 has given a sell rating, 5 have given a hold rating, and 1 has given a buy rating for RBGLY.

Consensus Price Target

N/A

According to the 7 analysts' twelve-month price targets for Reckitt Benckiser Group,

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
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	5 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	3 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

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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	2.00	2.44	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside		599.54% Upside	7.94% Upside
News Sentiment Rating	Neutral 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	Action	Rating	Price Target
8/29/2024	JPMorgan Chase & Co. 3 of 5 stars	Downgrade	Overweight ➝ Neutral
1/9/2024	BNP Paribas 3 of 5 stars	Upgrade	Underperform ➝ Neutral
12/11/2023	Jefferies Financial Group 2 of 5 stars	Downgrade	Hold ➝ Underperform
12/11/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform
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
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10/26/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
10/2/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		GBX 7,700 ➝ GBX 7,400
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
4/27/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		GBX 7,300 ➝ GBX 7,500
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 Thursday at 03:09 PM ET.

RBGLY Forecast - Frequently Asked Questions

What is Reckitt Benckiser Group's forecast for 2024?: According to the research reports of 7 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?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reckitt Benckiser Group in the last twelve months. There is currently 1 sell rating, 5 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.
Has Reckitt Benckiser Group been downgraded by Wall Street analysts recently?: Over the previous 90 days, Reckitt Benckiser Group's stock had 1 downgrade by analysts.
What analysts cover Reckitt Benckiser Group?: Reckitt Benckiser Group has been rated by research analysts at JPMorgan Chase & Co. in the past 90 days.
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 2.44. Learn more on how RBGLY compares to other companies.