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

Shares of Reckitt Benckiser Group plc (LON:RKT) have received a consensus recommendation of “Hold” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 6,204.29.

Several research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reduced 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. Citigroup reduced their price target on Reckitt Benckiser Group from GBX 7,000 to GBX 6,200 and set a “buy” rating for the company in a research report on Thursday, April 23rd. Jefferies Financial Group reissued a “hold” rating and issued a GBX 5,600 price objective on shares of Reckitt Benckiser Group in a report on Tuesday, May 12th. Royal Bank Of Canada reissued a “neutral” rating and issued a GBX 6,200 price objective on shares of Reckitt Benckiser Group in a report on Friday, May 15th. Finally, Berenberg Bank dropped 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.

Insider Activity at Reckitt Benckiser Group

In other Reckitt Benckiser Group news, insider Marybeth Hays acquired 340 shares of the company’s stock in a transaction on Monday, June 1st. The shares were bought at an average cost of GBX 4,585 per share, with a total value of £15,589. Also, insider Kris Licht sold 5,435 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of GBX 4,753, for a total value of £258,325.55. 0.45% of the stock is currently owned by company insiders.

Reckitt Benckiser Group Stock Up 1.3%

Shares of RKT stock opened at GBX 4,638 on Friday. The stock has a 50 day moving average of GBX 4,772.35 and a 200 day moving average of GBX 5,527.62. The company has a current ratio of 0.85, a quick ratio of 0.46 and a debt-to-equity ratio of 108.83. The stock has a market cap of £29.53 billion, a P/E ratio of 9.53, a P/E/G ratio of 1.10 and a beta of 0.25. Reckitt Benckiser Group has a twelve month low of GBX 3,866 and a twelve month high of GBX 6,522.92.

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.