Reckitt Benckiser Group plc (LON:RKT) Receives GBX 6,234.14 Average Target Price from Analysts

Shares of Reckitt Benckiser Group plc (LON:RKT) have been given a consensus recommendation of “Hold” by the seven analysts that are covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 6,219.86.

A number of analysts recently issued reports on the company. Citigroup assumed coverage on Reckitt Benckiser Group in a research report on Wednesday, January 14th. They set a “buy” rating and a GBX 7,000 price objective for the company. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Reckitt Benckiser Group from GBX 5,500 to GBX 5,460 and set a “hold” rating for the company in a research note on Wednesday, March 25th. Jefferies Financial Group dropped their price target on shares of Reckitt Benckiser Group from GBX 5,900 to GBX 5,600 and set a “hold” rating for the company in a research report on Tuesday, March 31st. Royal Bank Of Canada downgraded shares of Reckitt Benckiser Group to a “sector perform” rating and reduced their price target for the company from GBX 6,400 to GBX 6,200 in a research note on Wednesday, January 14th. Finally, Berenberg Bank decreased 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.

Reckitt Benckiser Group Stock Performance

Shares of Reckitt Benckiser Group stock opened at GBX 5,188 on Tuesday. The stock has a 50 day moving average of GBX 5,832.04 and a 200 day moving average of GBX 5,869.23. The company has a debt-to-equity ratio of 108.83, a quick ratio of 0.46 and a current ratio of 0.85. The firm has a market capitalization of £33.46 billion, a price-to-earnings ratio of 27.37, a PEG ratio of 1.10 and a beta of 0.10. 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.

Reckitt Benckiser Group (LON:RKT) last posted its earnings results on Thursday, March 5th. The company reported £122.58 EPS for the quarter. Reckitt Benckiser Group had a return on equity of 38.45% and a net margin of 25.23%. As a group, research analysts predict that Reckitt Benckiser Group will post 331.2110727 earnings per share for the current 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.