Reckitt Benckiser Group plc (LON:RKT – Get Free Report) insider Deepak Nath bought 257 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were bought at an average price of GBX 4,650 per share, for a total transaction of £11,950.50.
Reckitt Benckiser Group Price Performance
Shares of RKT traded up GBX 53 during trading hours on Thursday, reaching GBX 4,831. The company had a trading volume of 10,399,414 shares, compared to its average volume of 23,735,174. The company has a current ratio of 0.85, a quick ratio of 0.46 and a debt-to-equity ratio of 108.83. Reckitt Benckiser Group plc has a 12-month low of GBX 3,866 and a 12-month high of GBX 6,522.92. The firm has a 50 day simple moving average of GBX 4,683.63 and a 200-day simple moving average of GBX 5,453.26. The company has a market capitalization of £30.76 billion, a price-to-earnings ratio of 9.93, a PEG ratio of 1.10 and a beta of 0.29.
Analyst Ratings Changes
RKT has been the subject of a number of research reports. Royal Bank Of Canada reiterated a “neutral” rating and set a GBX 6,200 price target on shares of Reckitt Benckiser Group in a research report on Friday, May 15th. 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, June 16th. Berenberg Bank lowered their target price 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. Deutsche Bank Aktiengesellschaft dropped 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 report on Tuesday, April 28th. Finally, Citigroup decreased 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 research report on Thursday, April 23rd. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of GBX 6,204.29.
Reckitt Benckiser Group Company Profile
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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