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 the firm’s 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 transaction of £64,610.64 ($81,548.20).

Reckitt Benckiser Group Stock Up 0.4 %

RKT stock opened at GBX 4,857 ($61.30) on Friday. The firm has a market capitalization of £33.57 billion, a PE ratio of 2,238.25, a P/E/G 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 twelve month low of GBX 4,034 ($50.92) and a twelve month high of GBX 5,886.44 ($74.30). The stock’s 50 day moving average is GBX 4,785.46 and its 200-day moving average is GBX 4,525.03.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on RKT. JPMorgan Chase & Co. cut shares of Reckitt Benckiser Group to a “neutral” rating in a research report on Friday, August 30th. Berenberg Bank dropped their target price on shares of Reckitt Benckiser Group from GBX 5,200 ($65.63) to GBX 5,177 ($65.34) and set a “hold” rating on the stock in a research report on Wednesday, October 23rd.

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.