LON:RKT

Reckitt Benckiser Group (RKT) Share Forecast, Price & News

GBX 6,298

-10.00 (-0.16%)

(As of 06/5/2023 ET)

Compare

Today's Range: 6,288
▼
6,332
50-Day Range: 6,136
▼
6,524
52-Week Range: 5,502
▼
6,824

Volume: 427,438 shs
Average Volume: 1.33 million shs
Market Capitalization: £45.10 billion

P/E Ratio: 1,931.90
Dividend Yield: 2.91%
Price Target: GBX 7,400

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines Options Chain

Reckitt Benckiser Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 17.3% Upside
GBX 7,400 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.44
Based on 3 Articles This Week
Insider Trading: Selling Shares
£120.81 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.53 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
Reckitt Benckiser Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 7,400, Reckitt Benckiser Group has a forecasted upside of 17.3% from its current price of GBX 6,306.95.
Amount of Analyst Coverage
Reckitt Benckiser Group has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RKT.

0.8

Dividend Strength

Dividend Yield
Reckitt Benckiser Group pays a meaningful dividend of 2.86%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Reckitt Benckiser Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Reckitt Benckiser Group is 5,613.50%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RKT.

1.4

News and Social Media Coverage

News Sentiment
Reckitt Benckiser Group has a news sentiment score of -0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.21 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Reckitt Benckiser Group this week, compared to 1 article on an average week.
Search Interest
Only 18 people have searched for RKT on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.
MarketBeat Follows
2 people have added Reckitt Benckiser Group to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Reckitt Benckiser Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £1,208,060.73 in company stock.
Percentage Held by Insiders
Only 0.07% of the stock of Reckitt Benckiser Group is held by insiders.
Percentage Held by Institutions
62.39% of the stock of Reckitt Benckiser Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Reckitt Benckiser Group is 1,934.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 124.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Reckitt Benckiser Group is 1,934.65, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 280.14.
Price to Earnings Growth Ratio
Reckitt Benckiser Group has a PEG Ratio of 5.29. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Reckitt Benckiser Group has a P/B Ratio of 4.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Reckitt Benckiser Group (LON:RKT) Stock

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products in the United Kingdom, the United States, China, India, and internationally. The company offers acne treatment creams, facial washes, and cleansing pads; disinfection, hygiene, and first aid products; condoms, sex toys, and lubricants; heartburn and indigestion solutions; and cough and chest congestion, multi-symptom, and sinus remedies for adults and children under the Clearasil, Dettol, Durex, Gaviscon, and Mucinex brands. It also provides analgesics; sore throat medications; and hair removal products under the Nurofen, Strepsils, and Veet brands. In addition, the company offers fragrances and devices; water softeners; home cleaning products; dish washes; toilet cleaners; disinfectants; sprays, baits, and plug-ins for pest control; stain removals; fabric washing; and other hygiene products under the Air Wick, Calgon, Cillit Bang, Finish, Harpic, Lysol, Mortein, Vanish, and Woolite brands, as well as analgesics, adult nutrition products, iron-fortified hypoallergenic baby formula, products for joint issues, and infant and toddler nutrition products, as well as vitamins, minerals, and supplements under the Biofreeze, Airborne, Mead Johnson, Move Free, Enfamil, and Nutramigen brands. Further, it provides probiotics, sore throat pain relief products, Omega products, brain health support products, cleaning and carpet cleaning products, septic tank system treatment products, cough syrups, plant-based laundry products, probiotics, and lubricants under the Digestive Advantage, Cepacol, MegaRed, Neuriva, Easy-Off, RID-X, Delsym, Botanical Origin, Bodi-Ome, and K-Y brands. The company was founded in 1819 and is headquartered in Slough, the United Kingdom.

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RKT Stock News Headlines

June 2, 2023 | finance.yahoo.com

RKT.L - Reckitt Benckiser Group plc

June 2, 2023 | americanbankingnews.com

Jeff Carr Sells 19,203 Shares of Reckitt Benckiser Group plc (LON:RKT) Stock

June 5, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.

May 5, 2023 | marketwatch.com

Reckitt Benckiser Group falls Friday, underperforms market

May 4, 2023 | marketwatch.com

Reckitt Benckiser Group remains steady Thursday, still outperforms market

April 27, 2023 | msn.com

FTSE 100 closes at three-week low; Persimmon surges

April 26, 2023 | msn.com

Reckitt Benckiser first quarter revenue rises to $4.9 billion; Kris Licht appointed CEO

April 4, 2023 | americanbankingnews.com

Reckitt Benckiser Group plc (LON:RKT) to Issue Dividend of GBX 110.30

June 5, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.

March 24, 2023 | msn.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 1.25%

March 15, 2023 | marketwatch.com

Reckitt Benckiser Group falls Wednesday, still outperforms market

March 14, 2023 | marketwatch.com

Reckitt Benckiser Group rises Tuesday, still underperforms market

March 13, 2023 | marketwatch.com

Reckitt Benckiser Group rises Monday, outperforms market

March 1, 2023 | bloomberg.com

Durex and Strepsils Maker Reckitt Says Cost Inflation Has Peaked

March 1, 2023 | msn.com

Reckitt Benkiser swings to higher profit in 2022, lifts its dividend payout

February 20, 2023 | finance.yahoo.com

Reckitt Benckiser falls on baby formula recall in U.S.

February 8, 2023 | finance.yahoo.com

Investors Will Want Reckitt Benckiser Group's (LON:RKT) Growth In ROCE To Persist

January 31, 2023 | marketwatch.com

Reckitt Benckiser Group rises Tuesday, outperforms market

January 25, 2023 | marketwatch.com

Reckitt Benckiser Group falls Wednesday, underperforms market

January 24, 2023 | marketwatch.com

Reckitt Benckiser Group falls Tuesday, underperforms market

January 18, 2023 | msn.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.34%

December 18, 2022 | seekingalpha.com

Time For Coverage Of The Reckitt Benckiser Group - It's A 'Buy'

December 15, 2022 | marketwatch.com

Reckitt Benckiser Group falls Thursday, underperforms market

December 14, 2022 | marketwatch.com

Reckitt Benckiser Group rises Wednesday, outperforms market

December 1, 2022 | reuters.com

Exclusive: Enfamil maker Reckitt sees formula shortage continuing until Spring

December 1, 2022 | finance.yahoo.com

Reckitt expects U.S. infant formula shortage until spring

December 1, 2022 | finance.yahoo.com

5 Soaps & Cleaning Materials Stocks Showing Potential Amid Hardships

See More Headlines

RKT Price History

30 days | 90 days | 365 days | Advanced Chart

RKT Company Calendar

Ex-Dividend for 5/24 Dividend: 4/06/2023
Dividend Payable: 5/24/2023
Today: 6/05/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Household & Personal Products
Sub-Industry: N/A
Sector: Consumer Defensive
Current Symbol: LON:RKT
CUSIP: N/A
CIK: N/A
Web: www.reckitt.com
Phone: 44 17 5321 7800
Fax: N/A
Employees: 2,020
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 7,400
High Stock Price Forecast: GBX 8,200
Low Stock Price Forecast: GBX 6,750
Forecasted Upside/Downside: +17.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 3.26
Trailing P/E Ratio: 1,931.90
Forward P/E Ratio: 19.66
P/E Growth: 5.29
Net Income: £2.34 billion
Net Margins: 16.12%
Pretax Margin: N/A
Return on Equity: 27.82%
Return on Assets: 7.67%

Debt

Debt-to-Equity Ratio: 93.68
Current Ratio: 0.63
Quick Ratio: 0.46

Sales & Book Value

Annual Sales: £14.45 billion
Price / Sales: 3.12
Cash Flow: GBX 192.58 per share
Price / Cash Flow: 32.70
Book Value: GBX 1,319 per share
Price / Book: 4.77

Miscellaneous

Outstanding Shares: 716,170,000
Free Float: N/A
Market Cap: £45.10 billion
Optionable: Optionable
Beta: 0.15

Key Executives

Mr. Nicandro Durante (Age 66)
CEO & Director
Comp: $165k

Mr. Jeffrey Carr ACMA (Age 61)
B.Eng, Group CFO & Exec. Director
Comp: $3.07M

Mr. Filippo Catalano
Chief Information & Digitisation Officer

Mr. Richard Joyce
Head of Investor Relations

Ms. Catheryn O'Rourke
Sr. VP, Gen. Counsel & Company Sec.

Mr. Fabrice Beaulieu
Chief Marketing, Sustainability & Corp. Affairs Officer

Mr. Ranjay Radhakrishnan
Chief HR Officer

Mr. Kris Licht
Pres of Health & Chief Customer Officer

Mr. John Dawson
Sr. VP of Investor Relations

Mr. Sami Naffakh
Chief Supply Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

RKT Stock - Frequently Asked Questions

Should I buy or sell Reckitt Benckiser Group stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reckitt Benckiser Group in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RKT shares.
View RKT analyst ratings or view top-rated stocks.
What is Reckitt Benckiser Group's stock price forecast for 2023?: 5 Wall Street analysts have issued 12 month target prices for Reckitt Benckiser Group's shares. Their RKT share price forecasts range from GBX 6,750 to GBX 8,200. On average, they predict the company's share price to reach GBX 7,400 in the next year. This suggests a possible upside of 17.5% from the stock's current price.
View analysts price targets for RKT or view top-rated stocks among Wall Street analysts.
How have RKT shares performed in 2023?: Reckitt Benckiser Group's stock was trading at GBX 5,754 on January 1st, 2023. Since then, RKT shares have increased by 9.5% and is now trading at GBX 6,298.
View the best growth stocks for 2023 here.
How often does Reckitt Benckiser Group pay dividends? What is the dividend yield for Reckitt Benckiser Group?: Reckitt Benckiser Group declared a dividend on Wednesday, March 1st. Stockholders of record on Thursday, April 6th will be given a dividend of GBX 110.30 per share on Wednesday, May 24th. This represents a yield of 1.91%. The ex-dividend date of this dividend is Thursday, April 6th. This is an increase from the stock's previous dividend of GBX 73. The official announcement can be seen at this link.
Read our dividend analysis for RKT.
Is Reckitt Benckiser Group a good dividend stock?: Reckitt Benckiser Group (LON:RKT) pays an annual dividend of GBX 183 per share and currently has a dividend yield of 2.86%. The dividend payout ratio is 5,613.50%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RKT.

What is Reckitt Benckiser Group's stock symbol?: Reckitt Benckiser Group trades on the London Stock Exchange (LON) under the ticker symbol "RKT."
How do I buy shares of Reckitt Benckiser Group?: Shares of RKT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.
What is Reckitt Benckiser Group's stock price today?: One share of RKT stock can currently be purchased for approximately GBX 6,298.
How much money does Reckitt Benckiser Group make?: Reckitt Benckiser Group (LON:RKT) has a market capitalization of £45.10 billion and generates £14.45 billion in revenue each year. The company earns £2.34 billion in net income (profit) each year or GBX 3.26 on an earnings per share basis.
How many employees does Reckitt Benckiser Group have?: The company employs 2,020 workers across the globe.
How can I contact Reckitt Benckiser Group?: The official website for the company is www.reckitt.com. The company can be reached via phone at 44 17 5321 7800.

This page (LON:RKT) was last updated on 6/5/2023 by MarketBeat.com Staff

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Reckitt Benckiser Group (RKT) Share Forecast, Price & News

Reckitt Benckiser Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Reckitt Benckiser Group (LON:RKT) Stock

RKT Stock News Headlines

RKT Price History

RKT Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

RKT Stock - Frequently Asked Questions

Overall MarketRank^™