Reckitt Benckiser Group plc (LON:RKT) Receives Consensus Rating of “Hold” from Brokerages

Reckitt Benckiser Group plc (LON:RKT) has been assigned an average recommendation of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 6,279.29.

Several research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised their target price on Reckitt Benckiser Group from GBX 5,600 to GBX 5,700 and gave the company a “buy” rating in a research note on Friday, October 24th. Jefferies Financial Group raised their price objective on shares of Reckitt Benckiser Group from GBX 5,500 to GBX 5,700 and gave the company a “hold” rating in a research report on Wednesday, January 7th. UBS Group reiterated a “buy” rating and issued a GBX 7,700 target price on shares of Reckitt Benckiser Group in a report on Friday, October 17th. Royal Bank Of Canada lowered shares of Reckitt Benckiser Group to a “sector perform” rating and cut their target price for the company from GBX 6,400 to GBX 6,200 in a research note on Wednesday, January 14th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Reckitt Benckiser Group from GBX 5,500 to GBX 6,100 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th.

Reckitt Benckiser Group Stock Down 0.2%

Shares of RKT stock opened at GBX 6,400 on Monday. Reckitt Benckiser Group has a 1 year low of GBX 4,769.79 and a 1 year high of GBX 6,522.92. 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 business’s fifty day moving average is GBX 6,045.09 and its 200-day moving average is GBX 5,821.40. The stock has a market cap of £41.26 billion, a PE ratio of 33.76, a price-to-earnings-growth ratio of 1.10 and a beta of 0.09.

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.