Reckitt Benckiser Group’s (RKT) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their hold rating on shares of Reckitt Benckiser Group (LON:RKT) in a research report sent to investors on Thursday morning, Marketbeat Ratings reports. They currently have a GBX 5,200 price target on the stock.

Other research analysts have also recently issued research reports about the stock. Berenberg Bank reduced their price target on shares of Reckitt Benckiser Group from GBX 5,920 to GBX 5,555 and set a “hold” rating for the company in a report on Wednesday, August 6th. Royal Bank Of Canada increased their target price on shares of Reckitt Benckiser Group from GBX 5,700 to GBX 6,000 and gave the stock an “outperform” rating in a report on Thursday, July 24th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 5,300 target price on shares of Reckitt Benckiser Group in a report on Monday, July 21st. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of GBX 5,513.75.

Reckitt Benckiser Group Trading Down 0.1%

RKT opened at GBX 5,686 on Thursday. The company has a debt-to-equity ratio of 110.26, a current ratio of 0.69 and a quick ratio of 0.46. The company has a market cap of £38.51 billion, a price-to-earnings ratio of 3,124.18, a price-to-earnings-growth ratio of 1.10 and a beta of 0.09. The firm has a 50 day simple moving average of GBX 5,602.38 and a 200 day simple moving average of GBX 5,206.15. Reckitt Benckiser Group has a fifty-two week low of GBX 4,526 and a fifty-two week high of GBX 5,830.

Reckitt Benckiser Group (LON:RKT) last issued its quarterly earnings data on Thursday, July 24th. The company reported GBX 141.20 earnings per share (EPS) for the quarter. Reckitt Benckiser Group had a net margin of 10.78% and a return on equity of 18.70%. On average, sell-side analysts anticipate that Reckitt Benckiser Group will post 331.2110727 earnings per share for the current year.

Insider Activity

In other news, insider Jeremy Darroch purchased 1,652 shares of the company’s stock in a transaction on Tuesday, July 29th. The shares were purchased at an average cost of GBX 5,649 per share, with a total value of £93,321.48. Also, insider Tamara Ingram purchased 293 shares of the company’s stock in a transaction on Wednesday, July 30th. The shares were purchased at an average cost of GBX 5,626 per share, for a total transaction of £16,484.18. Over the last three months, insiders bought 2,212 shares of company stock valued at $12,488,849. 0.42% of the stock is owned by insiders.

About Reckitt Benckiser Group

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.