Reckitt Benckiser Group (LON:RKT) Earns “Sector perform” Rating from Royal Bank Of Canada

Reckitt Benckiser Group (LON:RKT)‘s stock had its “sector perform” rating reaffirmed by analysts at Royal Bank Of Canada in a research report issued on Thursday,Digital Look reports. They presently have a GBX 6,200 target price on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 29.52% from the company’s previous close.

Several other equities analysts also recently commented on RKT. Jefferies Financial Group lowered their price target on Reckitt Benckiser Group from GBX 5,900 to GBX 5,600 and set a “hold” rating on the stock in a report on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft lowered their price target on Reckitt Benckiser Group from GBX 5,500 to GBX 5,460 and set a “hold” rating on the stock in a report on Wednesday, March 25th. Berenberg Bank lowered their price target on Reckitt Benckiser Group from GBX 5,647 to GBX 5,479 and set a “hold” rating on the stock in a report on Tuesday, March 10th. Finally, Citigroup lowered their price objective on shares of Reckitt Benckiser Group from GBX 7,000 to GBX 6,200 and set a “buy” rating on the stock in a research note on Thursday. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Reckitt Benckiser Group has a consensus rating of “Hold” and a consensus price target of GBX 6,208.57.

Reckitt Benckiser Group Trading Up 0.3%

Shares of RKT stock opened at GBX 4,787 on Thursday. Reckitt Benckiser Group has a 12 month low of GBX 4,574 and a 12 month high of GBX 6,522.92. The company has a quick ratio of 0.46, a current ratio of 0.85 and a debt-to-equity ratio of 108.83. The business’s 50 day moving average is GBX 5,492.95 and its two-hundred day moving average is GBX 5,806.69. The company has a market cap of £30.81 billion, a PE ratio of 9.84, a price-to-earnings-growth ratio of 1.10 and a beta of 0.30.

Reckitt Benckiser Group (LON:RKT) last announced its quarterly earnings results on Thursday, March 5th. The company reported £122.58 EPS for the quarter. Reckitt Benckiser Group had a return on equity of 38.45% and a net margin of 25.23%. Equities analysts predict that Reckitt Benckiser Group will post 331.2110727 EPS for the current year.

More Reckitt Benckiser Group News

Here are the key news stories impacting Reckitt Benckiser Group this week:

• Neutral Sentiment: Jefferies reaffirmed a “hold” rating with a GBX 5,600 price target — the note signals no change in conviction from that broker, so mixed near-term impact. Digital Look
• Neutral Sentiment: Royal Bank of Canada reiterated a “sector perform” rating and GBX 6,200 target — another anchor suggesting brokers see limited upside at current levels. RBC Note
• Negative Sentiment: Citigroup cut its price target from GBX 7,000 to GBX 6,200 but kept a “buy” rating — a downward revision that reduces near-term upside expectations despite buy conviction. London Stock Exchange
• Negative Sentiment: Berenberg lowered its target from GBX 7,000 to GBX 6,200 while maintaining a “buy” — another PT cut that contributes to selling pressure. Digital Look
• Negative Sentiment: Press reports say Reckitt reported a slow start to the year and that a weak cold & flu season materially hit first‑quarter revenue — the operational miss is the primary negative catalyst pushing analysts to lower targets. Yahoo: Weak Cold/Flu Season Yahoo: Slow Start

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.