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Reckitt Benckiser Group (RBGLY) Stock Forecast & Price Target

Reckitt Benckiser Group logo
$12.54 -0.35 (-2.72%)
(As of 11/6/2024 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

Sell
1
Hold
4
Buy
3

Based on 8 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 8 analysts, 1 has given a sell rating, 4 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

TypeCurrent Forecast
11/8/23 to 11/7/24
1 Month Ago
10/9/23 to 10/8/24
3 Months Ago
8/10/23 to 8/9/24
1 Year Ago
11/8/22 to 11/8/23
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
4 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetN/AN/AN/AN/A
Forecasted UpsideN/AN/AN/AN/A
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Hold

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
2.63
2.45
2.50
Consensus RatingModerate BuyHoldHold
Predicted UpsideN/A174.09% Upside7.32% Upside
News Sentiment Rating
Positive News

See Recent RBGLY News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/4/2024Sanford C. Bernstein
3 of 5 stars
B. Monteyne
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DowngradeStrong-Buy ➝ Hold
10/4/2024Barclays
3 of 5 stars
I. Simpson
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UpgradeStrong-Buy
10/1/2024Citigroup
3 of 5 stars
C. Besnard
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UpgradeStrong-Buy
9/18/2024UBS Group
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G. Delmas
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UpgradeStrong-Buy
8/29/2024JPMorgan Chase & Co.
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 DowngradeOverweight ➝ Neutral
1/9/2024BNP Paribas
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 UpgradeUnderperform ➝ Neutral
12/11/2023Jefferies Financial Group
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 DowngradeHold ➝ Underperform
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
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
1/9/2023Societe Generale
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 UpgradeSell ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:29 AM 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 Thursday, October 24, 2024. Please send any questions or comments about these Reckitt Benckiser Group pros and cons to contact@marketbeat.com.

Reckitt Benckiser Group
Bull Case

green Wall Street bull icon

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

  • Reckitt Benckiser Group plc has recently been upgraded to a "strong-buy" rating by multiple research analysts, indicating positive growth potential.
  • The stock price of Reckitt Benckiser Group plc has shown an upward trend, currently trading at $12.08, with a 12-month high of $15.03, suggesting potential for capital appreciation.
  • Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products globally, offering diversified revenue streams and market presence.
  • Recent analyst price targets for Reckitt Benckiser Group plc have been set at $5,400.00, indicating confidence in the company's long-term growth prospects.
  • With a consensus recommendation of "Hold" from research firms, Reckitt Benckiser Group plc presents a stable investment opportunity with moderate risk.

Reckitt Benckiser Group
Bear Case

red Wall Street bear icon

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

  • Despite recent positive ratings and price targets, Reckitt Benckiser Group plc has faced challenges such as a dividend cut, which may impact investor confidence in the short term.

RBGLY Forecast - Frequently Asked Questions

8 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, 4 hold ratings and 3 strong buy ratings for the stock. The consensus among Wall Street 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.


This page (OTCMKTS:RBGLY) was last updated on 11/7/2024 by MarketBeat.com Staff
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