Reckitt Benckiser Group’s (RKT) Hold Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of Reckitt Benckiser Group (LON:RKT) in a report issued on Thursday,Digital Look reports. They currently have a GBX 5,400 price objective on the stock.

Other analysts have also recently issued reports about the stock. Citigroup decreased 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. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 6,200 price objective on shares of Reckitt Benckiser Group in a research report on Wednesday. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 5,900 price objective on shares of Reckitt Benckiser Group in a report on Wednesday. Finally, Berenberg Bank decreased 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 research report on Friday, April 24th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 6,242.86.

Reckitt Benckiser Group Stock Down 1.1%

Shares of LON:RKT opened at GBX 5,240 on Thursday. Reckitt Benckiser Group has a 12 month low of GBX 3,866 and a 12 month high of GBX 6,522.92. The company’s 50-day moving average price is GBX 4,846.05 and its two-hundred day moving average price is GBX 5,277.66. The company has a quick ratio of 0.46, a current ratio of 0.59 and a debt-to-equity ratio of 179.24. The firm has a market cap of £33.28 billion, a P/E ratio of 10.77, a P/E/G ratio of 1.10 and a beta of 0.25.

Reckitt Benckiser Group (LON:RKT) last posted its quarterly earnings data on Wednesday, July 29th. The company reported GBX 101.40 earnings per share for the quarter. Reckitt Benckiser Group had a net margin of 21.09% and a return on equity of 42.87%. As a group, research analysts forecast that Reckitt Benckiser Group will post 331.2110727 EPS for the current fiscal year.

Insider Buying and Selling at Reckitt Benckiser Group

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

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.