Reckitt Benckiser Group plc (LON:RKT) Receives Consensus Rating of “Hold” from Analysts

Reckitt Benckiser Group plc (LON:RKT) has been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 6,234.14.

Several research firms have recently weighed in on RKT. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Reckitt Benckiser Group from GBX 5,500 to GBX 5,460 and set a “hold” rating for the company in a report on Wednesday, March 25th. Berenberg Bank dropped their price objective on shares of Reckitt Benckiser Group from GBX 5,647 to GBX 5,479 and set a “hold” rating on the stock in a report on Tuesday, March 10th. Royal Bank Of Canada cut shares of Reckitt Benckiser Group to a “sector perform” rating and cut their price objective for the company from GBX 6,400 to GBX 6,200 in a research report on Wednesday, January 14th. Jefferies Financial Group upped their target price on shares of Reckitt Benckiser Group from GBX 5,500 to GBX 5,700 and gave the stock a “hold” rating in a research note on Wednesday, January 7th. Finally, Citigroup assumed coverage on Reckitt Benckiser Group in a report on Wednesday, January 14th. They set a “buy” rating and a GBX 7,000 target price for the company.

Reckitt Benckiser Group Trading Up 2.0%

LON:RKT opened at GBX 5,204 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 business’s 50-day simple moving average is GBX 5,905.44 and its 200-day simple moving average is GBX 5,886.61. Reckitt Benckiser Group has a fifty-two week low of GBX 4,769.79 and a fifty-two week high of GBX 6,522.92. The stock has a market capitalization of £33.56 billion, a PE ratio of 27.45, a price-to-earnings-growth ratio of 1.10 and a beta of 0.10.

Reckitt Benckiser Group (LON:RKT) 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%. Sell-side analysts expect that Reckitt Benckiser Group will post 331.2110727 earnings per share for the current fiscal year.

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.