Reckitt Benckiser Group
RB.: 6,546.00 -56.00 (▼0.85%)
| Bid Price | 6,543.00 | High Price | 6,628.00 |
|---|---|---|---|
| Ask Price | 6,545.00 | Low Price | 6,501.00 |
| Open Price | 6,619.00 | Spread | 0.03% |
| Prev Close | 6,600.00 | Volume | 530,363.00 |
Reckitt Benckiser Group Share Price Chart
Intraday
Historic – 1 year
Reckitt Benckiser Group Share Price Information
| Name | Reckitt Benckiser Group | Epic | RB. |
|---|---|---|---|
| Sector | Household Goods & Home Construction | ISIN | GB00B24CGK77 |
| Activites | Reckitt Benckiser Group plc is a global consumer goods leader in health, hygiene and home. With a purpose of delivering innovative solutions for healthier lives and happier homes, RB is in the top 25 of companies listed on the London Stock Exchange. Today it is the global No 1 or No 2 in the majority of its fast-growing categories, driven by an exceptional rate of innovation. Its health, hygiene and home portfolio is led by 19 global Powerbrands including Nurofen, Strepsils Gaviscon, Mucinex, Durex, Scholl, Lysol, Dettol, Clearasil, Veet, Harpic, Bang, Mortein, Finish, Vanish, Woolite, Calgon, Air Wick, and French’s. RB has close to half of its revenues coming from it 2 emerging market Areas and just over half from its developed market Area. RB people and its culture are at the heart of the company’s success. They have an intense drive for achievement and a desire to outperform wherever they focus, including in sustainability where the company has reduced its carbon footprint by 20% in 5 years and is now targeting to deliver a 1/3 reduction in water impact, 1/3 further reduction in carbon and to have 1/3 of its net revenue coming from more sustainable products by 2020. RB has been recognised as a sustainability leader in the CDP Global 500 Carbon Performance Leadership Index and received a 2013 Sector Mover Sustainability Award in the 10th Sustainability Yearbook. It is also the Save the Children charity’s largest FMCG global partner. The company has operations in over 60 countries, with headquarters in the UK, Singapore, Dubai and Amsterdam, and sales in almost 200 countries, The company employs approximately 36,000 people worldwide. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 6,544.00 | Net Gearing (%) | 49.92 |
|---|---|---|---|
| Market Cap (£m) | 45,723.62 | Gross Gearing (%) | 54.77 |
| Shares in issue (m) | 699.99 | Debt Ratio | 32.49 |
| P/E Ratio | 26.73 | Debt-to-Equity Ratio | 0.40 |
| Divs per share (p) | 139.00 | Assets / Equity Ratio | 2.21 |
| Dividend Yield (%) | 2.25 | Price to book value | 6.62 |
| Dividend Cover | 1.88 | SROCE (%) | 21.59 |
| Earning per share (p) | 244.40 | EPS Growth (%) | -45.34 |
| 52-week high / low (p) | 7,821.00 / 5,840.00 | DPS Growth (%) | 0.00 |
Reckitt Benckiser Group Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 05 Dec | Berenberg | Hold | 6,546.00 | 7800.00 | 7800.00 | Reiterates |
| 02 Dec | Goldman Sachs | Neutral | 6,546.00 | 7350.00 | 7430.00 | Reiterates |
| 17 Nov | JP Morgan Cazenove | Neutral | 6,546.00 | Reiterates | ||
| 14 Nov | Liberum Capital | Buy | 6,546.00 | 8400.00 | 8400.00 | Reiterates |
| 11 Nov | JP Morgan Cazenove | Neutral | 6,546.00 | 7100.00 | 7100.00 | Reiterates |
Reckitt Benckiser Group Director Deals
| Date | Director | Type | Volume / Price | Trade Value |
|---|---|---|---|---|
| 21 Oct 2016 | Adrian Hennah | Buy | 8959 @ 7218.70p | £646,723.33 |
| 04 Oct 2016 | Mary Harris | Buy | 14 @ 7221.94p | £1,011.07 |
| 04 Oct 2016 | Rakesh Kapoor | Buy | 694 @ 7221.94p | £50,120.26 |
Reckitt Benckiser Group Company News
Broker Forecast – Goldman Sachs issues a broker note on Reckitt Benckiser Group PLC
Goldman Sachs today reaffirms its neutral investment rating on Reckitt Benckiser Group PLC (LON:RB.) and raised its price target to 7430p (from 7350p).
Story provided by StockMarketWire.com
Director Deals – Reckitt Benckiser Group PLC (RB.)
Adrian Hennah, Financial Director, bought 8,959 shares in the company on the 21st October 2016 at a price of 7218.70p. The Director now holds 65,397 shares.
Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com
Broker Forecast – Exane BNP Paribas issues a broker note on Reckitt Benckiser Group PLC
Exane BNP Paribas today reaffirms its neutral investment rating on Reckitt Benckiser Group PLC (LON:RB.) and cut its price target to 78p (from 8200p).
Story provided by StockMarketWire.com
Barclays aids FTSE recovery
The FTSE 100 was stabilised by Barclays (BARC), which was 1.9% higher after Investec upgraded its rating from ‘hold’ to ‘buy’.
National Grid (NG.) and Compass (CPG) also gained up to 1.6%.
The blue chip index was in the red earlier after Reckitt Benckiser (RB.) revealed a slowdown in sales, while the FTSE 250 recovered some ground following a profit warning from tech outfit Laird (LRD).
West Texas Intermediate (WTI) jumped 2.9% to $51.75 and Brent crude oil was up 2.3% to 52.90 per barrel, respectively.
Gold gained 0.8% to $1,271 per ounce, while copper cheapened 0.6% to $4,585 per tonne.
FTSE 100 RISERS AND FALLERS
Consumer goods giant Reckitt Benckiser (RB.) was one of the biggest fallers, declining 2.6% to £71.33 as investors questioned whether it can hit full year expectations. A third quarter update showed net revenue growth slowed to 2%, lower than the performance in the first half of its financial year.
Builders’ merchant Travis Perkins (TPK) slumped 5.2% to £14.11 on plans to close 30 branches and incur £50m of one-off costs in a supply chain efficiencies programme. Chief executive John Carter said it was still too early to predict demand in 2017. Sector peer Grafton (GFTU) also fell 2% to 512.5p.
FTSE 250 RISERS AND FALLERS
Laird (LRD) was cut off by investors as weak smartphone sales led to lowered profit guidance, which sent shares crashing 48% lower to 158.4p. It said its expects underlying pre-tax profit to be around £50m, down from analyst estimates. The update is another blow to the firm after chief executive David Lockwood agreed to depart for defence outfit Cobham (COB) in August.
Pest control Rentokil (RTO) was in positive territory after reporting revenue from on-going operations climbed 16.6% in the third quarter, which was driven by acquisitions and organic growth.
SMALL CAP RISERS AND FALLERS
Kazakhstan-based Roxi Petroleum (RXP) confirmed that five oil-bearing intervals were identified for testing at well 141, boosting its shares by 16.2% to 10.31p.
Iona Environmental (ION1) said it conditionally agreed to sell its investments in JFS Home Biogas, JFS Howla Hay Biogas and JFS Wray House Bio to Iona Environmental Infrastructure.
Investors revealed a sweet spot for Hotel Chocolat (HOTC) as better than expected full year results triggered a 3.3% rise to 235p. Pre-tax profit soared 181% to £8.2m in the year to 26 June.
AIM-listed investment firm Cluff Natural Resources (CLNR) soared 23.6% on the revelation of estimated gas in place on its P2248 licence in the range of 760 billion cubic feet to 7.2 trillion cubic feet.
Highland Natural Resources (HNR) said recent analysis of DT Ultravert suggested it was a solution for protecting existing wells from damage and enhancing well productivity, causing the stock to trade nearly 31% higher.
Software provider OneView (ONEV) fell 28.5% on lower revenue expectations for the year, as a result of delays in some major pipeline contracts.
Vehicle retailer Motorpoint (MOTR) disappointed investors following a downbeat trading update, which revealed its volume and margin performance in the first half of the year was below expectations due to the Brexit vote. Shares plummeted 25.7% to 124p.
Story provided by StockMarketWire.com
FTSE hit by Reckitt Benckiser slowdown
London’s main markets were hit by a profit warning from tech outfit Laird (LRD) and a slowdown in sales at consumer goods giant Reckitt Benckiser (RB.).
The FTSE 100 nudged lower to 6,990 and the FTSE 250 fell 0.3% to 17,933.
West Texas Intermediate (WTI) crude oil advanced 1.5% to $51 and Brent crude oil rose 1.4% to $52.39 per barrel, respectively.
Gold slid higher to $1,262 per ounce, while copper was flat at $4,629 per tonne.
UK unemployment rate was unchanged, remaining at nearly an 11-year low as unemployment rose by only 10,000 in the three months to August, according to the Office for National Statistics.
FTSE 100 RISERS AND FALLERS
Consumer goods giant Reckitt Benckiser (RB.) was one of the biggest fallers, declining 2.5% to £71.41 as investors questioned whether it can hit full year expectations. A third quarter update showed net revenue growth slowed to 2%, lower than the performance in the first half of its financial year.
Builders’ merchant Travis Perkins (TPK) slumped 7.2% to £13.80 on plans to close 30 branches and incur £50m of one-off costs in a supply chain efficiencies programme. Chief executive John Carter said it was still too early to predict demand in 2017. Sector peer Grafton (GFTU) also fell 2% to 512.5p.
FTSE 250 RISERS AND FALLERS
Laird (LRD) was cut off by investors as weak mobile phone sales led to lowered profit guidance, which sent shares crashing 45% lower to 169.1p. It said its expects underlying pre-tax profit to be around £50m, down from analyst estimates. The update is another blow to the firm after chief executive David Lockwood agreed to depart for defence outfit Cobham (COB) in August.
Pest control Rentokil (RTO) was in positive territory after reporting revenue from on-going operations climbed 16.6% in the third quarter, which was driven by acquisitions and organic growth.
SMALL CAP RISERS AND FALLERS
Investors revealed a sweet spot for Hotel Chocolat (HOTC) as better than expected full year results triggered a 3.3% rise to 235p. Pre-tax profit soared 181% to £8.2m in the year to 26 June.
AIM-listed investment firm Cluff Natural Resources (CLNR) soared 28.3% on significant gas estimates from Xodus. The company estimated gas in place on P2248 in the range of 760 billion cubic feet to 7.2 trillion cubic feet.
Highland Natural Resources (HNR) said recent analysis of DT Ultravert suggested it was a solution for protecting existing wells from damage and enhancing well productivity, causing the stock to trade 36.7% higher.
Software provider OneView (ONEV) fell 32% on lower revenue expectations for the year, as a result of delays in some major pipeline contracts.
Vehicle retailer Motorpoint (MOTR) disappointed investors following a downbeat trading update, which revealed its volume and margin performance in the first half of the year was below expectations due to the Brexit vote. Shares plummeted 20.5% to 132.7p.
Property regeneration specialists U and I Group (UAI) fell 3.7% to 158.8p on poor investment portfolio performance as a result of uncertainty surrounding the EU referendum result.
Story provided by StockMarketWire.com
