Insider Buying: Reckitt Benckiser Group plc (LON:RKT) Insider Purchases 25 Shares of Stock

Reckitt Benckiser Group plc (LON:RKT) insider Fiona Dawson bought 25 shares of the stock in a transaction dated Wednesday, October 23rd. The stock was purchased at an average cost of GBX 4,923 ($63.92) per share, with a total value of £1,230.75 ($1,597.96).

Reckitt Benckiser Group Stock Down 0.2 %

Shares of Reckitt Benckiser Group stock opened at GBX 4,849 ($62.96) on Friday. The business has a fifty day simple moving average of GBX 4,545.18 and a 200 day simple moving average of GBX 4,423.38. The stock has a market cap of £33.51 billion, a PE ratio of 2,234.56, a price-to-earnings-growth ratio of 1.10 and a beta of 0.09. The company has a quick ratio of 0.46, a current ratio of 0.69 and a debt-to-equity ratio of 112.52. Reckitt Benckiser Group plc has a 12 month low of GBX 4,034 ($52.38) and a 12 month high of GBX 5,886.44 ($76.43).

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on RKT shares. JPMorgan Chase & Co. cut Reckitt Benckiser Group to a “neutral” rating in a report on Friday, August 30th. Berenberg Bank reduced their target price on shares of Reckitt Benckiser Group from GBX 5,200 ($67.51) to GBX 5,177 ($67.22) and set a “hold” rating on the stock in a research note on Wednesday. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 4,400 ($57.13) price target on shares of Reckitt Benckiser Group in a research note on Monday, July 29th.

Reckitt Benckiser Group Company Profile

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.