Reckitt Benckiser Group plc (LON:RKT) Receives GBX 6,279.29 Consensus PT from Analysts

Shares of Reckitt Benckiser Group plc (LON:RKT) have been assigned a consensus recommendation of “Hold” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 6,279.29.

Several research analysts have issued reports on RKT shares. Royal Bank Of Canada cut Reckitt Benckiser Group to a “sector perform” rating and dropped their price target for the company from GBX 6,400 to GBX 6,200 in a report on Wednesday, January 14th. Citigroup assumed coverage on Reckitt Benckiser Group in a report on Wednesday, January 14th. They set a “buy” rating and a GBX 7,000 price objective for the company. UBS Group reissued a “buy” rating and set a GBX 7,700 price objective on shares of Reckitt Benckiser Group in a report on Friday, October 17th. Jefferies Financial Group raised their target price on Reckitt Benckiser Group from GBX 5,500 to GBX 5,700 and gave the company a “hold” rating in a report on Wednesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft upped 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.

Reckitt Benckiser Group Stock Performance

LON:RKT opened at GBX 6,320.49 on Monday. The company has a 50-day moving average of GBX 6,066.52 and a 200-day moving average of GBX 5,835.82. The firm has a market cap of £40.75 billion, a price-to-earnings ratio of 33.34, a price-to-earnings-growth ratio of 1.10 and a beta of 0.09. The company has a current ratio of 0.69, a quick ratio of 0.46 and a debt-to-equity ratio of 110.26. Reckitt Benckiser Group has a twelve month low of GBX 4,769.79 and a twelve month high of GBX 6,522.92.

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.