Reckitt Benckiser Group plc (LON:RKT) Insider Margherita Della Acquires 267 Shares

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 bought 267 shares of Reckitt Benckiser Group stock in a transaction dated Tuesday, July 29th. The shares were bought at an average cost of GBX 5,649 ($74.98) per share, with a total value of £15,082.83 ($20,019.68).

Reckitt Benckiser Group Stock Down 0.9%

Shares of LON RKT traded down GBX 48.73 ($0.65) during mid-day trading on Friday, reaching GBX 5,623.27 ($74.64). The company had a trading volume of 855,384 shares, compared to its average volume of 3,578,711. The company has a debt-to-equity ratio of 110.26, a quick ratio of 0.46 and a current ratio of 0.69. The company has a market capitalization of £38.37 billion, a price-to-earnings ratio of 25.73, a PEG ratio of 1.10 and a beta of 0.09. The stock has a fifty day moving average of GBX 5,122.88 and a two-hundred day moving average of GBX 5,085.04. Reckitt Benckiser Group plc has a 12-month low of GBX 4,064 ($53.94) and a 12-month high of GBX 5,722 ($75.95).

Reckitt Benckiser Group (LON:RKT - Get Free Report) last released its quarterly earnings data 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%. As a group, equities research analysts expect that Reckitt Benckiser Group plc will post 331.2110727 EPS for the current year.

Wall Street Analyst Weigh In

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

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.