Reckitt Benckiser Group's (RKT) "Hold" Rating Reaffirmed at Jefferies Financial Group

Reckitt Benckiser Group (LON:RKT - Get Free Report)'s stock had its "hold" rating reissued by investment analysts at Jefferies Financial Group in a note issued to investors on Thursday,London Stock Exchange reports. They currently have a GBX 5,200 target price on the stock. Jefferies Financial Group's price target would indicate a potential downside of 8.52% from the stock's current price.

A number of other research analysts have also recently commented on RKT. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 5,300 target price on shares of Reckitt Benckiser Group in a research note on Monday, July 21st. Berenberg Bank lowered their target price on Reckitt Benckiser Group from GBX 5,920 to GBX 5,555 and set a "hold" rating for the company in a research note on Wednesday, August 6th. Finally, Royal Bank Of Canada upped their price target on Reckitt Benckiser Group from GBX 5,700 to GBX 6,000 and gave the stock an "outperform" rating in a research note on Thursday, July 24th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of GBX 5,513.75.

Reckitt Benckiser Group Stock Performance

Shares of RKT opened at GBX 5,684 on Thursday. The company has a current ratio of 0.69, a quick ratio of 0.46 and a debt-to-equity ratio of 110.26. The company has a market capitalization of £38.49 billion, a price-to-earnings ratio of 3,123.08, a PEG ratio of 1.10 and a beta of 0.09. The stock has a 50 day moving average of GBX 5,597.38 and a 200 day moving average of GBX 5,198. Reckitt Benckiser Group has a 12 month low of GBX 4,526 and a 12 month high of GBX 5,830.

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

Insider Buying and Selling

In related news, insider Margherita Della bought 267 shares of the firm's stock in a transaction that occurred on Tuesday, July 29th. The shares were bought at an average cost of GBX 5,649 per share, with a total value of £15,082.83. Also, insider Shannon Eisenhardt sold 1,798 shares of the firm's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of GBX 5,654, for a total value of £101,658.92. Insiders purchased a total of 2,212 shares of company stock valued at $12,488,849 in the last 90 days. 0.42% of the stock is owned by company insiders.

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.

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