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

Published on 10/06/2026 at 12:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UBS lifted the target to GBp 7,600 from GBp 7,400 on October 1, 2026. Reckitt Benckiser stock costs EUR 58.53 versus EUR 57.96.

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Reckitt Benckiser (ISIN GB00BSZBP530) was trading at EUR 58.53 at Lang & Schwarz on October 6, 2026 at 12:31 p.m. CEST, up 0.98 percent versus the prior close of EUR 57.96. As Yahoo Finance reported on October 1, 2026, UBS raised its price target from GBp 7,400 to GBp 7,600 while keeping a Buy rating.

Broker targets split on growth

The same Yahoo Finance report said UBS forecasts third-quarter group like-for-like sales growth of 3.7 percent and Core Reckitt growth of 4.2 percent. UBS also lifted its full-year like-for-like growth forecast from 3.5 percent to 3.6 percent and kept its adjusted operating margin forecast at 25.5 percent.

Yahoo Finance reported that Jefferies took the opposite view, cutting its price target from GBp 6,100 to GBp 5,900 while retaining a Buy rating. Jefferies forecasts 2026 Core Reckitt like-for-like growth of 3.8 percent, below the company's 4.0 percent to 5.0 percent outlook.

Second-quarter growth accelerated

Reckitt's investor-relations page shows Core Reckitt like-for-like net revenue growth of 2.7 percent in the first half of 2026, accelerating to 4.2 percent in the second quarter. Core Reckitt adjusted operating profit margin stood at 24.8 percent for the first half, while adjusted diluted earnings per share reached 152.1 pence.

The company also reported a 60.9 percent Core Reckitt gross profit margin for the first half of 2026. Its full-year 2026 outlook calls for 4.0 percent to 5.0 percent Core Reckitt like-for-like net revenue growth, leaving the third-quarter update as the next test of whether the broker gap narrows.

October update sets next test

Reckitt's investor-relations calendar schedules its 2026 third-quarter trading update for October 27, 2026. The date gives the competing broker forecasts a concrete checkpoint, particularly because UBS expects more than 6.0 percent Core Reckitt like-for-like growth in the fourth quarter to reach the lower end of the company's full-year outlook.

Reckitt's shares were trading at EUR 58.53 at Lang & Schwarz on October 6, 2026 at 12:31 p.m. CEST, plus 0.98 percent versus the Lang & Schwarz prior close of EUR 57.96. The further course of trading is shown by the continuously updated real-time quote of Reckitt Benckiser stock.