Reckitt Benckiser Group (LON:RKT – Get Free Report)‘s stock had its “hold” rating reissued by equities researchers at Jefferies Financial Group in a research note issued on Tuesday,Digital Look reports. They presently have a GBX 5,600 price target on the stock. Jefferies Financial Group’s price objective points to a potential upside of 22.97% from the stock’s current price.
Other equities analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft decreased their target price on Reckitt Benckiser Group from GBX 5,460 to GBX 5,430 and set a “hold” rating for the company in a research report on Tuesday, April 28th. Citigroup cut their price objective on 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. Berenberg Bank cut their price objective on 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. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 6,200 price objective on shares of Reckitt Benckiser Group in a report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 6,204.29.
Check Out Our Latest Stock Report on RKT
Reckitt Benckiser Group Price Performance
Reckitt Benckiser Group (LON:RKT – Get Free Report) last posted its earnings results 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%. On average, equities analysts anticipate that Reckitt Benckiser Group will post 331.2110727 EPS for the current year.
Insider Buying and Selling at Reckitt Benckiser Group
In other news, insider Kris Licht sold 5,435 shares of Reckitt Benckiser Group stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of GBX 4,753, for a total transaction of £258,325.55. 0.44% of the stock is owned by company insiders.
About Reckitt Benckiser Group
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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