Reckitt Benckiser Group (LON:RKT) Insider Shannon Eisenhardt Acquires 432 Shares

Reckitt Benckiser Group plc (LON:RKT) insider Shannon Eisenhardt acquired 432 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were bought at an average cost of £432 per share, with a total value of £186,624.

Reckitt Benckiser Group Trading Up 0.6%

Shares of Reckitt Benckiser Group stock traded up GBX 28 during trading on Tuesday, hitting GBX 4,640. 157,970,797 shares of the company were exchanged, compared to its average volume of 24,109,516. The company has a debt-to-equity ratio of 108.83, a current ratio of 0.85 and a quick ratio of 0.46. The firm has a market capitalization of £29.54 billion, a P/E ratio of 9.53, a price-to-earnings-growth ratio of 1.10 and a beta of 0.25. The firm’s fifty day moving average price is GBX 4,760.83 and its 200 day moving average price is GBX 5,516.77. Reckitt Benckiser Group plc has a 1-year low of GBX 3,866 and a 1-year high of GBX 6,522.92.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on RKT. Royal Bank Of Canada reissued a “neutral” rating and set a GBX 6,200 price target on shares of Reckitt Benckiser Group in a research report on Friday, May 15th. Citigroup decreased their target price on Reckitt Benckiser Group from GBX 7,000 to GBX 6,200 and set a “buy” rating for the company in a research note on Thursday, April 23rd. Berenberg Bank dropped their price target on 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, April 24th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 5,600 price objective on shares of Reckitt Benckiser Group in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Reckitt Benckiser Group from GBX 5,460 to GBX 5,430 and set a “hold” rating on the stock in a report on Tuesday, April 28th. Three equities 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, the stock currently has a consensus rating of “Hold” and an average target price of GBX 6,204.29.

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.