Reckitt Benckiser Group (LON:RKT) Receives Hold Rating from Jefferies Financial Group

Reckitt Benckiser Group (LON:RKT)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Financial Group in a report released on Friday,Digital Look reports. They currently have a GBX 5,600 price target on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 16.98% from the company’s current price.

Several other equities analysts have also issued reports on the stock. Citigroup cut 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 report on Thursday. Berenberg Bank reduced their target price 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. Deutsche Bank Aktiengesellschaft lowered their price target on Reckitt Benckiser Group from GBX 5,500 to GBX 5,460 and set a “hold” rating for the company in a report on Wednesday, March 25th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 6,200 price objective on shares of Reckitt Benckiser Group in a report on Thursday. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of GBX 6,208.57.

Reckitt Benckiser Group Stock Up 0.3%

RKT traded up GBX 12 on Friday, hitting GBX 4,787. The company had a trading volume of 245,214,938 shares, compared to its average volume of 19,624,014. The stock has a market capitalization 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 debt-to-equity ratio of 108.83, a quick ratio of 0.46 and a current ratio of 0.85. The stock has a fifty day moving average price of GBX 5,526.57 and a 200-day moving average price of GBX 5,812.57. Reckitt Benckiser Group has a 12-month low of GBX 4,574 and a 12-month high of GBX 6,522.92.

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