Reckitt Benckiser Group (LON:RB) had its target price trimmed by Royal Bank of Canada from GBX 5,300 ($69.72) to GBX 5,000 ($65.77) in a report published on Friday, Stock Target Advisor reports. The brokerage currently has an underperform rating on the stock.

A number of other brokerages have also recently weighed in on RB. Barclays reissued a buy rating and set a GBX 7,400 ($97.34) target price on shares of Reckitt Benckiser Group in a report on Thursday. Societe Generale dropped their target price on shares of Reckitt Benckiser Group from GBX 5,500 ($72.35) to GBX 5,300 ($69.72) and set a sell rating on the stock in a report on Tuesday, November 26th. UBS Group reissued a neutral rating and set a GBX 6,100 ($80.24) target price on shares of Reckitt Benckiser Group in a report on Thursday. Jefferies Financial Group reissued a sell rating and set a GBX 5,000 ($65.77) target price on shares of Reckitt Benckiser Group in a report on Thursday. Finally, JPMorgan Chase & Co. dropped their target price on shares of Reckitt Benckiser Group from GBX 8,500 ($111.81) to GBX 7,700 ($101.29) and set an overweight rating on the stock in a report on Friday. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of GBX 6,533.53 ($85.94).

RB traded down GBX 120 ($1.58) during trading on Friday, hitting GBX 5,721 ($75.26). The company had a trading volume of 3,311,255 shares, compared to its average volume of 1,720,000. The company has a market cap of $40.60 billion and a PE ratio of 28.72. Reckitt Benckiser Group has a 1-year low of GBX 5,510 ($72.48) and a 1-year high of GBX 8,191.30 ($107.75). The business has a 50-day moving average of GBX 6,258.26 and a 200-day moving average of GBX 6,141.32. The company has a debt-to-equity ratio of 85.08, a current ratio of 0.59 and a quick ratio of 0.43.

The company also recently declared a dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, April 16th will be given a dividend of GBX 101.60 ($1.34) per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a dividend yield of 1.64%. This is a positive change from Reckitt Benckiser Group’s previous dividend of $73.00. Reckitt Benckiser Group’s dividend payout ratio is currently 0.73%.

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.

Featured Article: Overbought

Analyst Recommendations for Reckitt Benckiser Group (LON:RB)

Receive News & Ratings for Reckitt Benckiser Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reckitt Benckiser Group and related companies with MarketBeat.com's FREE daily email newsletter.