In a report released yesterday, from Goldman Sachs maintained a Hold rating on Reckitt, with a price target of p5,700.00. The company’s shares closed yesterday at p5,636.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Reckitt has an analyst consensus of Moderate Buy, with a price target consensus of p5,872.78, a 4.20% upside from current levels. In a report released on October 1, Barclays also maintained a Hold rating on the stock with a £56.00 price target.
RKT market cap is currently £38.27B and has a P/E ratio of 31.18.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RKT in relation to earlier this year.
Read More on GB:RKT:
Disclaimer & DisclosureReport an Issue
- Reckitt Benckiser Executes Share Buyback and Cancellation
- Reckitt Benckiser Adjusts Share Capital with Strategic Buyback
- Reckitt Benckiser Adjusts Share Capital with Recent Buyback
- Reckitt Benckiser Updates Shareholders on Voting Rights
- Reckitt: Strong Performance Amid High Valuation Justifies Hold Rating