Key Points
- Insider buying: Reckitt Benckiser director Deborah Waterhouse purchased 152 shares for approximately £7,887 at GBX 5,189 per share.
- Stock and earnings: Shares opened at GBX 5,132, while the company reported quarterly EPS of GBX 101.40 and maintains a £32.59 billion market capitalization.
- Analyst view: Analysts hold a consensus “Hold” rating with an average target price of GBX 6,121.71; individual targets range from GBX 5,352 to GBX 6,200.
Reckitt Benckiser Group plc (LON:RKT - Get Free Report) insider Deborah Waterhouse acquired 152 shares of the firm's stock in a transaction on Wednesday, August 26th. The stock was purchased at an average cost of GBX 5,189 per share, with a total value of £7,887.28.
Reckitt Benckiser Group Stock Up 0.3%
Shares of Reckitt Benckiser Group stock opened at GBX 5,132 on Friday. Reckitt Benckiser Group plc has a 1-year low of GBX 3,866 and a 1-year high of GBX 6,522.92. The company has a market capitalization of £32.59 billion, a PE ratio of 11.62, a P/E/G ratio of 1.10 and a beta of 0.26. The company has a debt-to-equity ratio of 179.24, a current ratio of 0.59 and a quick ratio of 0.46. The business has a 50-day moving average of GBX 5,077.58 and a 200-day moving average of GBX 5,145.44.
Reckitt Benckiser Group (LON:RKT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported GBX 101.40 EPS for the quarter. Reckitt Benckiser Group had a return on equity of 42.87% and a net margin of 21.09%. As a group, equities analysts forecast that Reckitt Benckiser Group plc will post 331.2110727 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
RKT has been the topic of a number of recent analyst reports. Berenberg Bank upped their target price on Reckitt Benckiser Group from GBX 5,179 to GBX 5,352 and gave the company a "hold" rating in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a GBX 5,400 price target on shares of Reckitt Benckiser Group in a research report on Thursday, July 30th. Jefferies Financial Group restated a "buy" rating and issued a GBX 5,900 price target on shares of Reckitt Benckiser Group in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 6,200 price target on shares of Reckitt Benckiser Group in a report on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Reckitt Benckiser Group presently has an average rating of "Hold" and a consensus target price of GBX 6,121.71.
Check Out Our Latest Stock Analysis on Reckitt Benckiser Group
About Reckitt Benckiser Group
(
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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