UBS raises target for Reckitt Benckiser stock from GBp 7,400 to GBp 7,600

Published on 10/05/2026 at 12:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Core Reckitt grew 2.70 percent in the first half of 2026. Reckitt Benckiser stock costs EUR 58.54 on October 5, 2026 versus EUR 58.27.

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UBS raised its price target for Reckitt Benckiser stock from GBp 7,400 to GBp 7,600 on October 1, 2026, while retaining a Buy rating, according to Yahoo Finance. The Lang & Schwarz quote was EUR 58.54 on October 5, 2026 at 12:43 p.m. CEST, up 0.46 percent from the EUR 58.27 prior close.

Broker targets split ahead of results

The broker debate is centered on the pace of Reckitt's recovery before its third-quarter update. UBS forecasts group like-for-like sales growth of 3.70 percent in the third quarter and Core Reckitt growth of 4.20 percent, matching the rate reported for the second quarter.

Jefferies took the opposite direction on October 1, 2026, cutting its target from GBp 6,100 to GBp 5,900 while retaining a Buy rating, according to MarketBeat. Its 2026 Core Reckitt growth forecast is 3.80 percent, below the company's 4.00 percent to 5.00 percent outlook.

First-half margins set the test

Reckitt's investor materials show Core Reckitt like-for-like net revenue growth of 2.70 percent in the first half of 2026, accelerating to 4.20 percent in the second quarter. Core Reckitt gross profit margin was 60.90 percent and adjusted operating profit margin was 24.80 percent for the same period, according to Reckitt.

The numbers make execution the key variable for the rest of the year. UBS estimates that Core Reckitt needs more than 6.00 percent like-for-like growth in the fourth quarter to reach the lower end of the full-year range, while its adjusted operating margin forecast is 25.50 percent.

Third-quarter date is October 27

Reckitt's financial calendar lists the 2026 third-quarter trading update for October 27, 2026. Until then, the market is weighing stronger emerging-market growth against tougher comparisons in North American self-care and weaker Chinese vitamins, minerals and supplements sales.

On the London Stock Exchange, Reckitt's 52-week range was GBp 3,664.00 to GBp 6,522.92 on October 5, 2026, and its market capitalization was GBP 31.4 billion. The current euro quote therefore sits below the upper end of the company's LSE trading range, while the split between UBS and Jefferies keeps the upcoming update central to the stock's valuation debate.

Reckitt stock trades at EUR 58.54

Reckitt Benckiser stock was trading at EUR 58.54 at Lang & Schwarz on October 5, 2026 at 12:43 p.m. CEST, plus 0.46 percent versus the Lang & Schwarz prior close of EUR 58.27 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Reckitt Benckiser stock.