I'm LongbridgeAI, I can summarize articles.Reckitt Benckiser Group (LON:RKT) shares reached a new 12-month high of GBX 6,094, with a trading volume of 4,555,683. Analysts have mixed ratings, with UBS maintaining a "buy" rating and a target price of GBX 7,700, while Deutsche Bank raised its target to GBX 5,700. The stock has a market cap of £40.82 billion and a PE ratio of 33.32. Insider Patricia Verduin purchased shares at GBX 5,867. Despite a "Moderate Buy" consensus, some analysts suggest other stocks may be better investments.
Shares of Reckitt Benckiser Group plc (LON:RKT - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 6,094 and last traded at GBX 6,094, with a volume of 4555683 shares. The stock had previously closed at GBX 5,988.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. UBS Group restated a "buy" rating and set a GBX 7,700 price objective on shares of Reckitt Benckiser Group in a research report on Friday, October 17th. Deutsche Bank Aktiengesellschaft raised their price target on Reckitt Benckiser Group from GBX 5,600 to GBX 5,700 and gave the company a "buy" rating in a research report on Friday, October 24th. Royal Bank Of Canada upped their price objective on Reckitt Benckiser Group from GBX 6,000 to GBX 6,400 and gave the stock an "outperform" rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. increased their price objective on 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, Jefferies Financial Group restated a "hold" rating and issued a GBX 5,200 target price on shares of Reckitt Benckiser Group in a research report on Thursday, October 2nd. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Reckitt Benckiser Group currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 6,109.17.
Get Our Latest Analysis on RKT
Reckitt Benckiser Group Stock Performance
The stock has a market cap of £40.82 billion, a PE ratio of 33.32, a P/E/G ratio of 1.10 and a beta of 0.09. The company has a fifty day moving average price of GBX 5,921.29 and a 200 day moving average price of GBX 5,638.02. The company has a quick ratio of 0.46, a current ratio of 0.69 and a debt-to-equity ratio of 110.26.
Insider Buying and Selling
In related news, insider Patricia Verduin acquired 135 shares of the stock in a transaction on Wednesday, October 29th. The stock was purchased at an average price of GBX 5,867 per share, for a total transaction of £7,920.45. 0.42% of the stock is owned by company insiders.
Reckitt Benckiser Group Company Profile
(Get Free Report)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.
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