Shares of Reckitt Benckiser Group plc (LON:RKT – Get Free Report) have been given an average rating of “Moderate Buy” by the six ratings firms that are covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 5,930.33.
Several brokerages have recently issued reports on RKT. Berenberg Bank upped their price target on shares of Reckitt Benckiser Group from GBX 5,352 to GBX 5,382 and gave the stock a “hold” rating in a report on Monday, November 2nd. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 6,200 target price on shares of Reckitt Benckiser Group in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 5,400 target price on shares of Reckitt Benckiser Group in a research report on Thursday, July 30th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 5,900 target price on shares of Reckitt Benckiser Group in a research report on Wednesday, October 28th. Finally, JPMorgan Chase & Co. lifted their price target on Reckitt Benckiser Group from GBX 5,800 to GBX 6,500 and gave the company an “overweight” rating in a research note on Tuesday, September 1st.
View Our Latest Stock Report on Reckitt Benckiser Group
Insider Buying and Selling at Reckitt Benckiser Group
In related news, insider Deborah Waterhouse acquired 152 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was acquired at an average cost of GBX 5,189 per share, for a total transaction of £7,887.28. Also, insider Gavin Patterson acquired 191 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The stock was bought at an average price of GBX 5,183 per share, with a total value of £9,899.53. Insiders own 0.44% of the company’s stock.
Reckitt Benckiser Group Price Performance
Shares of LON:RKT opened at GBX 5,648 on Wednesday. Reckitt Benckiser Group has a one year low of GBX 3,866 and a one year high of GBX 6,522.92. 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 company has a market cap of £35.77 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 1.10 and a beta of 0.26. The firm has a 50 day simple moving average of GBX 5,224.60 and a 200 day simple moving average of GBX 5,215.46.
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.
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