Goldman upgrades Reckitt Benckiser stock to Buy with 27.65 percent upside
Published on 10/08/2026 at 16:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Goldman Sachs upgraded Reckitt Benckiser to Buy and raised its target from GBp 5,600 to GBp 6,500 on October 7, 2026.
- Core Reckitt like-for-like net revenue grew 2.70 percent in the first half of 2026 and 4.20 percent in the second quarter.
- Lang & Schwarz showed EUR 60.33 on October 8, 2026 at 4:14 p.m. CEST, down 0.10 percent versus EUR 60.39.
- Reckitt Benckiser has a third-quarter trading update scheduled for October 27, 2026.
Reckitt Benckiser stock (ISIN GB00BSZBP530) was at EUR 60.33 at Lang & Schwarz on October 8, 2026 at 4:14 p.m. CEST, down 0.10 percent versus the EUR 60.39 prior close. On October 7, 2026, Goldman Sachs upgraded the stock to Buy from Neutral and lifted its 12-month target from GBp 5,600 to GBp 6,500, according to Yahoo Finance.
Goldman sees 27.65 percent upside
The new target lies 27.65 percent above the LSE price of GBp 5,092 cited for October 7, 2026. The calculation uses the same pence quotation for both values and puts the upgrade in a measurable valuation context.
Goldman said Reckitt trades at 13.5 times expected 2027 earnings, a 16.00 percent discount to the European consumer staples sector based on consensus forecasts, according to Yahoo Finance. The same assessment identified weaker sales growth, trading down, margin pressure, currency swings and Mead Johnson litigation as risks.
Three dated catalysts for Reckitt
On July 29, 2026, Reckitt reported Core Reckitt like-for-like net revenue growth of 2.70 percent in the first half and 4.20 percent in the second quarter, alongside a 23.60 percent adjusted operating margin, according to Reckitt.
On October 1, 2026, UBS raised its target from GBp 7,400 to GBp 7,600 and retained a Buy rating, as reported by FinanzNachrichten. Goldman then delivered the latest broker action on October 7 with its GBp 6,500 target.
What dates matter for the next figures?
Reckitt lists its 2026 third-quarter trading update for October 27, 2026 and its North America investor event for November 19, 2026, according to Reckitt. The October update will test whether the 4.00 percent to 5.00 percent full-year Core Reckitt growth outlook remains supported by the second-quarter acceleration.
Stock stays below its yearly high
On the LSE, Reckitt was last at GBp 5,092 on October 8, 2026 at 3:30 p.m. London time. Its 52-week range was GBp 3,664.00 to GBp 6,522.92, while market capitalization stood at GBP 32.3 billion on the same date.
The further course of trading is shown by the continuously updated real-time quote of Reckitt Benckiser stock.
Reckitt Benckiser stock at a glance
- Company: Reckitt Benckiser Group plc
- ISIN: GB00BSZBP530
- Ticker: RKT.L
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz as of October 8, 2026, 4:14 p.m. CEST: EUR 60.33
- Change versus prior close: minus 0.10 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 60.39
- Market capitalization: GBP 32.3 billion as of October 8, 2026
- 52-week range: GBp 3,664.00-6,522.92 as of October 8, 2026
- Sector / Industry: Consumer Defensive / Household and Personal Products
- Index membership: FTSE 100
- Next earnings date: October 27, 2026
Market context: Market report FTSE 100.
