Reckitt Benckiser Group plc (LON:RKT) Insider Shannon Eisenhardt Sells 1,798 Shares

Key Points

• Reckitt Benckiser Group insider Shannon Eisenhardt sold 1,798 shares at £101,658.92 ($135,112.87) on August 1st, indicating potential insider movement.
• The company's shares have a current price of GBX 5,566 ($73.98), down from a 1-year high of GBX 5,722 ($76.05), reflecting a fluctuation in market value.
• Equities analysts are optimistic, with Royal Bank of Canada raising their price target for Reckitt Benckiser from GBX 5,700 to GBX 6,000, maintaining an "outperform" rating.

Reckitt Benckiser Group plc (LON:RKT - Get Free Report) insider Shannon Eisenhardt sold 1,798 shares of Reckitt Benckiser Group stock in a transaction dated Friday, August 1st. The shares were sold at an average price of GBX 5,654 ($76.04), for a total value of £101,658.92 ($136,711.83).

Reckitt Benckiser Group Price Performance

Shares of LON:RKT traded down GBX 64 ($0.86) during midday trading on Thursday, hitting GBX 5,466 ($73.51). The company's stock had a trading volume of 758,282 shares, compared to its average volume of 3,518,556. The company has a market cap of £37.29 billion, a P/E ratio of 25.01, a price-to-earnings-growth ratio of 1.10 and a beta of 0.09. Reckitt Benckiser Group plc has a 12-month low of GBX 4,135 ($55.61) and a 12-month high of GBX 5,722 ($76.95). The business's 50 day simple moving average is GBX 5,170.89 and its 200 day simple moving average is GBX 5,101.35. The company has a debt-to-equity ratio of 110.26, a quick ratio of 0.46 and a current ratio of 0.69.

Reckitt Benckiser Group (LON:RKT - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The company reported GBX 141.20 ($1.90) earnings per share (EPS) for the quarter. Reckitt Benckiser Group had a return on equity of 18.70% and a net margin of 10.78%. On average, analysts forecast that Reckitt Benckiser Group plc will post 331.2110727 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 5,300 ($71.27) price objective on shares of Reckitt Benckiser Group in a report on Monday, July 21st. Berenberg Bank decreased their price target on shares of Reckitt Benckiser Group from GBX 5,920 ($79.61) to GBX 5,555 ($74.70) and set a "hold" rating on the stock in a research note on Wednesday. Finally, Royal Bank Of Canada lifted their price objective on Reckitt Benckiser Group from GBX 5,700 ($76.65) to GBX 6,000 ($80.69) and gave the stock an "outperform" rating in a report on Thursday, July 24th.

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.