Reckitt Benckiser Group (LON:RKT) Insider Deborah Waterhouse Acquires 152 Shares of Stock

Key Points

• Insider purchase: Reckitt Benckiser director Deborah Waterhouse bought 152 shares at GBX 5,189 each, totaling approximately £7,887.
• Stock performance and fundamentals: RKT shares recently traded at GBX 5,134, with a £32.60 billion market capitalization, P/E ratio of 11.62, and 52-week range of GBX 3,866 to GBX 6,522.92.
• Analyst outlook: Coverage remains mixed, with three Buy and four Hold ratings; the consensus rating is Hold, while the average price target is GBX 6,121.71.

Reckitt Benckiser Group plc (LON:RKT - Get Free Report) insider Deborah Waterhouse acquired 152 shares of Reckitt Benckiser Group stock in a transaction dated Wednesday, August 26th. The shares were bought at an average price of GBX 5,189 per share, for a total transaction of £7,887.28.

Reckitt Benckiser Group Price Performance

Shares of RKT stock traded up GBX 18 during mid-day trading on Friday, hitting GBX 5,134. The company had a trading volume of 15,331,688 shares, compared to its average volume of 23,399,000. The company has a debt-to-equity ratio of 179.24, a current ratio of 0.59 and a quick ratio of 0.46. The stock's 50 day moving average price is GBX 5,067.22 and its 200-day moving average price is GBX 5,145.53. Reckitt Benckiser Group plc has a 52-week low of GBX 3,866 and a 52-week high of GBX 6,522.92. The company has a market capitalization of £32.60 billion, a P/E ratio of 11.62, a P/E/G ratio of 1.10 and a beta of 0.26.

Reckitt Benckiser Group (LON:RKT - Get Free Report) last posted its earnings results 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%. Equities research analysts forecast that Reckitt Benckiser Group plc will post 331.2110727 earnings per share for the current year.

Wall Street Analysts Forecast Growth

RKT has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a GBX 5,400 target price on shares of Reckitt Benckiser Group in a report on Thursday, July 30th. Jefferies Financial Group restated a "buy" rating and set a GBX 5,900 price target on shares of Reckitt Benckiser Group in a report on Wednesday, July 29th. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 6,200 price objective on shares of Reckitt Benckiser Group in a research note on Wednesday, July 29th. Finally, Berenberg Bank upped their price objective on Reckitt Benckiser Group from GBX 5,179 to GBX 5,352 and gave the stock a "hold" rating in a report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of GBX 6,121.71.

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.

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