Key Points
- Insider purchase: Marybeth Hays bought 340 shares of Reckitt Benckiser Group on June 1 at GBX 4,585 per share, totaling £15,589.
- Stock and valuation snapshot: RKT opened at GBX 4,487 and has a market cap of £28.74 billion, with a P/E ratio of 9.22 and a beta of 0.25. The stock is trading below both its 50-day and 200-day moving averages.
- Analyst sentiment: Analysts currently rate Reckitt Benckiser Group as a Hold overall, with an average price target of GBX 6,204.29. Recent reports included mixed views, with some firms trimming targets while maintaining buy or hold ratings.
Reckitt Benckiser Group plc (LON:RKT - Get Free Report) insider Marybeth Hays acquired 340 shares of the business's stock in a transaction on Monday, June 1st. The shares were purchased at an average cost of GBX 4,585 per share, for a total transaction of £15,589.
Reckitt Benckiser Group Price Performance
RKT opened at GBX 4,487 on Tuesday. 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 company has a market capitalization of £28.74 billion, a price-to-earnings ratio of 9.22, a P/E/G ratio of 1.10 and a beta of 0.25. The firm's fifty day moving average price is GBX 4,874.35 and its two-hundred day moving average price is GBX 5,608.74. Reckitt Benckiser Group plc has a 1 year low of GBX 3,954 and a 1 year high of GBX 6,522.92.
Reckitt Benckiser Group (LON:RKT - Get Free Report) last posted 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 net margin of 25.23% and a return on equity of 38.45%. As a group, analysts anticipate that Reckitt Benckiser Group plc will post 331.2110727 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
RKT has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Reckitt Benckiser Group from GBX 5,460 to GBX 5,430 and set a "hold" rating on the stock in a report on Tuesday, April 28th. Berenberg Bank cut their price objective on shares of Reckitt Benckiser Group from GBX 7,000 to GBX 6,200 and set a "buy" rating on the stock in a report on Friday, April 24th. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 5,600 price objective on shares of Reckitt Benckiser Group in a report on Tuesday, May 12th. Citigroup cut their price target on shares of Reckitt Benckiser Group from GBX 7,000 to GBX 6,200 and set a "buy" rating on the stock in a report on Thursday, April 23rd. Finally, Royal Bank Of Canada reissued a "neutral" rating and issued a GBX 6,200 price target on shares of Reckitt Benckiser Group in a report on Friday, May 15th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Reckitt Benckiser Group presently has an average rating of "Hold" and an average price target of GBX 6,204.29.
View Our Latest Stock Report on Reckitt Benckiser Group
Reckitt Benckiser Group Company Profile
(
Get Free Report)
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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