Reckitt Benckiser Group (LON:RKT) Insider Buys £7,887.28 in Stock

Reckitt Benckiser Group plc (LON:RKT) insider Deborah Waterhouse acquired 152 shares of the stock in a transaction dated Wednesday, August 26th. The stock was acquired at an average price of GBX 5,189 per share, for a total transaction of £7,887.28.

Reckitt Benckiser Group Stock Performance

LON RKT opened at GBX 5,132 on Monday. The company has a quick ratio of 0.46, a current ratio of 0.59 and a debt-to-equity ratio of 179.24. Reckitt Benckiser Group plc has a twelve month low of GBX 3,866 and a twelve month high of GBX 6,522.92. The business has a 50-day moving average price of GBX 5,077.58 and a 200-day moving average price of GBX 5,136.60. The firm has a market cap of £32.59 billion, a price-to-earnings ratio of 11.62, a price-to-earnings-growth ratio of 1.10 and a beta of 0.26.

Reckitt Benckiser Group (LON:RKT) last issued its earnings results on Wednesday, July 29th. The company reported GBX 101.40 earnings per share (EPS) for the quarter. Reckitt Benckiser Group had a return on equity of 42.87% and a net margin of 21.09%. As a group, equities research analysts predict that Reckitt Benckiser Group plc will post 331.2110727 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Berenberg Bank lifted their price objective on shares of Reckitt Benckiser Group from GBX 5,179 to GBX 5,352 and gave the company a “hold” rating in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 5,400 price target on shares of Reckitt Benckiser Group in a report on Thursday, July 30th. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 6,200 price target on shares of Reckitt Benckiser Group in a research note on Wednesday, July 29th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 5,900 price target on shares of Reckitt Benckiser Group in a report on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of GBX 6,121.71.

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.