Shannon Eisenhardt Sells 1,368 Shares of Reckitt Benckiser Group plc (LON:RKT) Stock

Reckitt Benckiser Group plc (LON:RKT) insider Shannon Eisenhardt sold 1,368 shares of Reckitt Benckiser Group stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of GBX 4,723 ($59.61), for a total value of £64,610.64 ($81,548.20).

Reckitt Benckiser Group Stock Performance

Shares of RKT stock opened at GBX 4,857 ($61.30) on Friday. The company has a debt-to-equity ratio of 112.52, a quick ratio of 0.46 and a current ratio of 0.69. Reckitt Benckiser Group plc has a one year low of GBX 4,034 ($50.92) and a one year high of GBX 5,886.44 ($74.30). The company’s 50-day simple moving average is GBX 4,785.46 and its 200-day simple moving average is GBX 4,524.25. The stock has a market capitalization of £33.57 billion, a price-to-earnings ratio of 2,238.25, a PEG ratio of 1.10 and a beta of 0.09.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Berenberg Bank dropped their price objective on Reckitt Benckiser Group from GBX 5,200 ($65.63) to GBX 5,177 ($65.34) and set a “hold” rating for the company in a report on Wednesday, October 23rd. JPMorgan Chase & Co. downgraded Reckitt Benckiser Group to a “neutral” rating in a report on Friday, August 30th.

About Reckitt Benckiser Group

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.