Margherita Della Purchases 267 Shares of Reckitt Benckiser Group plc (LON:RKT) Stock

Key Points

• Insider Transaction: Margherita Della, an insider at Reckitt Benckiser Group, purchased 267 shares of the company at an average price of GBX 5,649, totaling £15,082.83.
• Stock Performance: Reckitt Benckiser's stock rose by 0.4% to GBX 5,672, with significant trading volume of 955,671 shares.
• Analyst Ratings: Royal Bank Of Canada raised its price target for Reckitt from GBX 5,700 to GBX 6,000, maintaining an "outperform" rating, while Deutsche Bank set a "hold" rating with a target of GBX 5,300.

Reckitt Benckiser Group plc (LON:RKT - Get Free Report) insider Margherita Della purchased 267 shares of the business's stock in a transaction dated Tuesday, July 29th. The shares were purchased at an average price of GBX 5,649 ($74.98) per share, for a total transaction of £15,082.83 ($20,019.68).

Reckitt Benckiser Group Price Performance

Shares of RKT stock traded down GBX 48.73 ($0.65) during trading hours on Friday, hitting GBX 5,623.27 ($74.64). 855,384 shares of the company's stock were exchanged, compared to its average volume of 3,578,711. The company has a quick ratio of 0.46, a current ratio of 0.69 and a debt-to-equity ratio of 110.26. The firm has a market cap of £38.37 billion, a P/E ratio of 25.73, a P/E/G ratio of 1.10 and a beta of 0.09. The firm has a 50 day moving average of GBX 5,122.88 and a two-hundred day moving average of GBX 5,086.87. Reckitt Benckiser Group plc has a fifty-two week low of GBX 4,064 ($53.94) and a fifty-two week high of GBX 5,722 ($75.95).

Reckitt Benckiser Group (LON:RKT - Get Free Report) last issued its earnings results on Thursday, July 24th. The company reported GBX 141.20 ($1.87) 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%. Sell-side analysts forecast that Reckitt Benckiser Group plc will post 331.2110727 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on RKT shares. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 5,300 ($70.35) target price on shares of Reckitt Benckiser Group in a research note on Monday, July 21st. Royal Bank Of Canada boosted their price target on Reckitt Benckiser Group from GBX 5,700 ($75.66) to GBX 6,000 ($79.64) and gave the company an "outperform" rating in a report on Thursday, July 24th.

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.