Reckitt Benckiser Group (LON:RKT) Shares Up 0.5% – Should You Buy?

Posted by Mickey Rousseau on Jan 4th, 2025

Reckitt Benckiser Group plc (LON:RKT – Get Free Report)’s share price rose 0.5% during trading on Thursday . The company traded as high as GBX 4,890 ($60.75) and last traded at GBX 4,858.61 ($60.36). Approximately 469,236 shares changed hands during trading, a decline of 84% from the average daily volume of 3,023,673 shares. The stock had previously closed at GBX 4,833 ($60.04).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their price objective on Reckitt Benckiser Group from GBX 5,200 ($64.60) to GBX 5,177 ($64.31) and set a “hold” rating for the company in a research report on Wednesday, October 23rd.

Check Out Our Latest Stock Report on Reckitt Benckiser Group

Reckitt Benckiser Group Stock Performance

The company has a current ratio of 0.69, a quick ratio of 0.46 and a debt-to-equity ratio of 112.52. The firm has a market capitalization of £33.65 billion, a price-to-earnings ratio of 2,243.78, a PEG ratio of 1.10 and a beta of 0.09. The stock’s 50-day moving average is GBX 4,822.18 and its 200-day moving average is GBX 4,565.42.

Insider Transactions at Reckitt Benckiser Group

In other Reckitt Benckiser Group news, insider Shannon Eisenhardt sold 1,368 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of GBX 4,723 ($58.67), for a total transaction of £64,610.64 ($80,261.66). Also, insider Fiona Dawson purchased 25 shares of the company’s stock in a transaction dated Wednesday, October 23rd. The shares were acquired at an average cost of GBX 4,923 ($61.16) per share, with a total value of £1,230.75 ($1,528.88). Company insiders own 0.05% of the company’s stock.

Reckitt Benckiser Group Company Profile

(Get Free Report)

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.