Reckitt Benckiser Group (RKT)

Sector:

Household Goods

Index:

FTSE 100

4,538.00p
   
  • Change Today:
      2.00p
  • 52 Week High: 6,524.00
  • 52 Week Low: 4,110.00
  • Currency: UK Pounds
  • Shares Issued: 703.85m
  • Volume: 1,818,161
  • Market Cap: £31,941m

RBC Capital upgrades Reckitt to 'outperform'

By Michele Maatouk

Date: Wednesday 18 May 2022

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets upgraded Reckitt Benckiser on Wednesday to 'outperform' from 'sector perform' and lifted the price target to 7,000p from 5,900p.
"The re-weighting of revenue investment in favour of R&D at the expense of marketing should work well and stimulates our belief in Reckitt's revenue growth potential," RBC said.

"We have long believed that Reckitt over-innovates, rolling out and charging more for 'new' products that offered little incremental benefit. We welcome the increased emphasis on what we trust is substantive innovation, and expect it to have favourable implications for sales growth."

The bank added that the disposal of the remaining infant nutrition business would reinforce its belief further.

At 1125 BST, the shares were up 1.7% at 6,396p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Reckitt Benckiser Market Data

Currency UK Pounds
Share Price 4,538.00p
Change Today 2.00p
% Change 0.04 %
52 Week High 6,524.00
52 Week Low 4,110.00
Volume 1,818,161
Shares Issued 703.85m
Market Cap £31,941m

Reckitt Benckiser Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
22.96% below the market average22.96% below the market average22.96% below the market average22.96% below the market average22.96% below the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
57.38% below the market average57.38% below the market average57.38% below the market average57.38% below the market average57.38% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average
Income
59.34% above the market average59.34% above the market average59.34% above the market average59.34% above the market average59.34% above the market average
68.42% above the sector average68.42% above the sector average68.42% above the sector average68.42% above the sector average68.42% above the sector average
Growth
34.43% above the market average34.43% above the market average34.43% above the market average34.43% above the market average34.43% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 8
Sell 0
Strong Sell 1
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Reckitt Benckiser Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 03-Aug-23
Paid 24-May-24 15-Sep-23
Amount 115.90p 76.60p

Trades for 21-May-2024

Time Volume / Share Price
17:22 311 @ 4,538.00p
17:22 4,159 @ 4,538.00p
17:22 355 @ 4,538.00p
17:22 1,724 @ 4,538.00p
17:22 1,203 @ 4,538.00p

Reckitt Benckiser Key Personnel

Chair Jeremy Darroch
CEO Kris Licht

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