Reckitt Benckiser Group Plc (LON:RB) insider Christopher Sinclair bought 1,076 shares of the stock in a transaction that occurred on Thursday, May 23rd. The shares were purchased at an average price of GBX 6,375 ($83.30) per share, with a total value of £68,595 ($89,631.52).

LON:RB traded up GBX 25 ($0.33) during trading hours on Thursday, reaching GBX 6,416 ($83.84). 1,887,588 shares of the company were exchanged, compared to its average volume of 1,720,000. The company has a quick ratio of 0.47, a current ratio of 0.65 and a debt-to-equity ratio of 80.49. The company has a market cap of $45.42 billion and a P/E ratio of 21.05. Reckitt Benckiser Group Plc has a 52-week low of GBX 5,559 ($72.64) and a 52-week high of GBX 7,174 ($93.74).

A number of equities research analysts have recently commented on RB shares. Barclays reaffirmed an “overweight” rating and issued a GBX 7,500 ($98.00) target price on shares of Reckitt Benckiser Group in a report on Friday, May 10th. Credit Suisse Group restated an “underperform” rating on shares of Reckitt Benckiser Group in a research report on Thursday, May 9th. Jefferies Financial Group set a GBX 5,300 ($69.25) target price on shares of Reckitt Benckiser Group and gave the stock a “sell” rating in a research report on Wednesday, May 8th. Kepler Capital Markets upgraded shares of Reckitt Benckiser Group to a “buy” rating and raised their target price for the stock from GBX 6,300 ($82.32) to GBX 6,900 ($90.16) in a research report on Tuesday, May 7th. Finally, Deutsche Bank restated a “buy” rating on shares of Reckitt Benckiser Group in a research report on Friday, May 3rd. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the stock. Reckitt Benckiser Group currently has an average rating of “Hold” and a consensus price target of GBX 7,117.78 ($93.01).

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Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers acne treatment creams, facial washes, and cleansing pads; disinfection, hygiene, and first aid products; condoms, sex toys, and lubricants; heartburn and indigestion solutions; and cough and chest congestion, multi-symptom, and sinus remedies for adults and children under the Clearasil, Dettol, Durex, Gaviscon, and Mucinex brands.

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