Jefferies Financial Group Reiterates Hold Rating for Reckitt Benckiser Group (LON:RKT)

Reckitt Benckiser Group (LON:RKT)‘s stock had its “hold” rating reaffirmed by Jefferies Financial Group in a research note issued on Friday,Digital Look reports. They currently have a GBX 5,600 price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 16.98% from the stock’s previous close.

A number of other equities analysts have also commented on the stock. Berenberg Bank dropped their price target 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 report on Friday. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 6,200 price target on shares of Reckitt Benckiser Group in a research report on Thursday. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Reckitt Benckiser Group from GBX 5,500 to GBX 5,460 and set a “hold” rating on the stock in a research report on Wednesday, March 25th. Finally, Citigroup dropped their price target 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 report on Thursday. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Reckitt Benckiser Group presently has an average rating of “Hold” and a consensus price target of GBX 6,208.57.

Reckitt Benckiser Group Trading Up 0.3%

LON:RKT opened at GBX 4,787 on Friday. Reckitt Benckiser Group has a 12 month low of GBX 4,574 and a 12 month high of GBX 6,522.92. The firm has a market cap of £30.81 billion, a price-to-earnings ratio of 9.84, a P/E/G ratio of 1.10 and a beta of 0.30. 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 company’s 50 day moving average is GBX 5,492.95 and its 200-day moving average is GBX 5,807.85.

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

Key Headlines Impacting Reckitt Benckiser Group

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

About Reckitt Benckiser Group

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.