Brokerages Set Reckitt Benckiser Group plc (LON:RKT) PT at GBX 6,204.29

Shares of Reckitt Benckiser Group plc (LON:RKT) have earned a consensus rating of “Hold” from the seven ratings firms that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 6,204.29.

A number of research firms recently issued reports on RKT. Deutsche Bank Aktiengesellschaft lowered their target price on Reckitt Benckiser Group from GBX 5,460 to GBX 5,430 and set a “hold” rating for the company in a research note on Tuesday, April 28th. Citigroup cut their price target 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 note on Thursday, April 23rd. Berenberg Bank reduced their price target on shares of Reckitt Benckiser Group from GBX 7,000 to GBX 6,200 and set a “buy” rating for the company in a report on Friday, April 24th. Jefferies Financial Group reissued a “hold” rating and set a GBX 5,600 price objective on shares of Reckitt Benckiser Group in a research report on Tuesday, June 16th. Finally, Royal Bank Of Canada restated a “neutral” rating and set a GBX 6,200 price objective on shares of Reckitt Benckiser Group in a report on Friday, May 15th.

Reckitt Benckiser Group Stock Down 0.9%

LON:RKT opened at GBX 4,957 on Thursday. Reckitt Benckiser Group has a 1 year low of GBX 3,866 and a 1 year high of GBX 6,522.92. 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 £31.48 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 1.10 and a beta of 0.25. The stock has a 50-day moving average price of GBX 4,733.71 and a two-hundred day moving average price of GBX 5,350.96.

Reckitt Benckiser Group (LON:RKT) last released its quarterly earnings results on Friday, July 10th. The company reported GBX 147.08 EPS for the quarter. Reckitt Benckiser Group had a return on equity of 45.27% and a net margin of 22.40%. As a group, equities analysts expect that Reckitt Benckiser Group will post 331.2110727 earnings per share for the current year.

Insider Transactions at Reckitt Benckiser Group

In other news, insider Shannon Eisenhardt purchased 432 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were bought at an average cost of £432 per share, for a total transaction of £186,624. Also, insider Marybeth Hays purchased 340 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was purchased at an average price of GBX 4,585 per share, for a total transaction of £15,589. Insiders have bought a total of 1,029 shares of company stock worth $21,416,350 in the last 90 days. Company insiders own 0.44% of the company’s stock.

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.