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

Reckitt Benckiser Group (LON:RKT)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Financial Group in a research report issued on Tuesday,Digital Look reports. They currently have a GBX 5,600 target price on the stock. Jefferies Financial Group’s price objective points to a potential upside of 22.97% from the company’s current price.

Other analysts have also issued reports about the company. 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. Berenberg Bank lowered their price objective 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 Friday, April 24th. Citigroup dropped their price objective on Reckitt Benckiser Group from GBX 7,000 to GBX 6,200 and set a “buy” rating for the company in a report on Thursday, April 23rd. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 6,200 target price on shares of Reckitt Benckiser Group in a research report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 6,204.29.

Reckitt Benckiser Group Stock Performance

Shares of LON:RKT opened at GBX 4,554 on Tuesday. Reckitt Benckiser Group has a twelve month low of GBX 4,527 and a twelve month high of GBX 6,522.92. The firm has a market cap of £29.17 billion, a PE ratio of 9.36, a price-to-earnings-growth ratio of 1.10 and a beta of 0.25. 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 business has a fifty day moving average of GBX 5,177.28 and a 200-day moving average of GBX 5,737.56.

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

Insider Buying and Selling at Reckitt Benckiser Group

In other news, insider Kris Licht sold 5,435 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of GBX 4,753, for a total value of £258,325.55. 0.44% of the stock is currently owned by company insiders.

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.