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 rating of “Hold” from the seven research firms that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 6,279.29.

RKT has been the subject of a number of recent research reports. Citigroup began 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. Jefferies Financial Group upped their target price on shares of Reckitt Benckiser Group from GBX 5,500 to GBX 5,700 and gave the stock a “hold” rating in a research note on Wednesday, January 7th. JPMorgan Chase & Co. raised their price target on shares of Reckitt Benckiser Group from GBX 5,500 to GBX 6,100 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Finally, Royal Bank Of Canada cut shares of Reckitt Benckiser Group to a “sector perform” rating and cut their price target for the stock from GBX 6,400 to GBX 6,200 in a report on Wednesday, January 14th.

Reckitt Benckiser Group Stock Down 2.1%

Reckitt Benckiser Group stock opened at GBX 5,580 on Friday. The firm has a market capitalization of £35.98 billion, a price-to-earnings ratio of 29.43, a price-to-earnings-growth ratio of 1.10 and a beta of 0.10. The firm’s fifty day moving average price is GBX 6,170.72 and its two-hundred day moving average price is GBX 5,928.23. 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 current ratio of 0.85, a quick ratio of 0.46 and a debt-to-equity ratio of 108.83.

Reckitt Benckiser Group (LON:RKT) last posted its 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%. On average, equities research analysts predict that Reckitt Benckiser Group will post 331.2110727 earnings per share for the current fiscal year.

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.