Key Points
- Insider sale: Kris Licht sold 5,435 Reckitt Benckiser (LON:RKT) shares at an average price of GBX 4,753, raising £258,325.55 in the transaction on April 28.
- Shares are trading around GBX 4,643 (down 2.2%) and sit below both the 50‑day (GBX 5,388) and 200‑day (GBX 5,786) moving averages, reflecting near‑term weakness versus the stock's 1‑year range of GBX 4,574–6,522.92.
- Analysts are mixed with a consensus "Hold" rating (three Buys, four Holds) and an average target of GBX 6,204, following several recent price‑target cuts by major brokers.
Reckitt Benckiser Group plc (LON:RKT - Get Free Report) insider Kris Licht sold 5,435 shares of the company's stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of GBX 4,753, for a total value of £258,325.55.
Reckitt Benckiser Group Stock Down 2.2%
Shares of LON:RKT opened at GBX 4,643 on Thursday. The company has a market capitalization of £29.88 billion, a PE ratio of 9.54, a price-to-earnings-growth ratio of 1.10 and a beta of 0.30. The company has a debt-to-equity ratio of 108.83, a current ratio of 0.85 and a quick ratio of 0.46. The business has a fifty day moving average price of GBX 5,388.17 and a two-hundred day moving average price of GBX 5,786.45. Reckitt Benckiser Group plc has a 1 year low of GBX 4,574 and a 1 year high of GBX 6,522.92.
Reckitt Benckiser Group (LON:RKT - Get Free Report) last announced its quarterly earnings data on Thursday, March 5th. The company reported £122.58 earnings per share (EPS) for the quarter. Reckitt Benckiser Group had a return on equity of 38.45% and a net margin of 25.23%. Analysts forecast that Reckitt Benckiser Group plc will post 331.2110727 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on RKT shares. Royal Bank Of Canada reiterated a "sector perform" rating and set a GBX 6,200 price target on shares of Reckitt Benckiser Group in a research note on Thursday, April 23rd. Berenberg Bank cut their price target on Reckitt Benckiser Group from GBX 7,000 to GBX 6,200 and set a "buy" rating for the company in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft cut their price target on Reckitt Benckiser Group from GBX 5,460 to GBX 5,430 and set a "hold" rating for the company in a research note on Tuesday. Jefferies Financial Group reiterated a "hold" rating and set a GBX 5,600 price target on shares of Reckitt Benckiser Group in a research note on Friday, April 24th. Finally, Citigroup cut their price target on Reckitt Benckiser Group from GBX 7,000 to GBX 6,200 and set a "buy" rating for the company in a research note on Thursday, April 23rd. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Reckitt Benckiser Group currently has a consensus rating of "Hold" and an average target price of GBX 6,204.29.
Get Our Latest Report on RKT
Reckitt Benckiser Group Company Profile
(
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At Reckitt, we protect, heal and nurture. We are the company behind some of the world's best known and most trusted Health and Hygiene consumer brands.
Delivering for a cleaner, healthier world requires strong brands with a global footprint. From Dettol, Lysol, Durex, Finish, Harpic and Vanish, Mucinex, Nurofen, Gaviscon, Veet and Strepsils, consumers love and rely on our brands to care for their families, as they have done for over 200 years.
We use our scientific expertise and deep human understanding to develop solutions to help people improve their lives – that is why over 30 million Reckitt products are sold each day worldwide.
At Reckitt, we're all making a real difference to people all over the world, every day.
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