RBC Capital Markets lowers target price on Reckitt
29th Feb 2024 09:49
(Sharecast News) - Analyst at RBC Capital Markets lowered their target price on consumer goods company Reckitt from 7,500.0p to 7,000.0p on Thursday but reiterated their 'outperform' rating on the stock, stating it was currently "bruised but undervalued".
Read moreLondon close: Stocks slip as US GDP growth decelerates
28th Feb 2024 15:01
(Sharecast News) - London's equity markets experienced a downturn by the close on Wednesday, largely influenced by underperforming stocks such as St James's Place and Reckitt Benckiser, following disappointing financial results.
Read moreFourth-quarter sales disappoint at Reckitt, shares slide
28th Feb 2024 09:40
(Sharecast News) - Shares in Reckitt Benckiser Group tumbled on Wednesday, after fourth-quarter sales missed expectations.
Read moreWednesday preview: US Q4 GDP, Reckitt Benckiser in focus
27th Feb 2024 09:12
(Sharecast News) - All eyes on Wednesday will be on a revised reading for fourth quarter U.S. gross domestic product growth.
Read moreReckitt chair Chris Sinclair to step down next year
15th Nov 2023 07:27
(Sharecast News) - Consumer products group Reckitt Benckiser has announced that chair Chris Sinclair will be stepping down from the board next year, and will be replaced by non-executive director Sir Jeremy Darroch.
Read moreBerenberg downgrades Reckitt to 'hold'
27th Oct 2023 08:44
(Sharecast News) - Analysts at Berenberg downgraded personal care group Reckitt Benckiser on Friday from 'buy' to 'hold', saying it was now "difficult to identify a catalyst".
Read moreLondon close: Stocks end choppy session mixed
25th Oct 2023 15:11
(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors weighed a number of factors.
Read moreReckitt Benckiser unveils £1bn share buyback
25th Oct 2023 07:01
(Sharecast News) - Reckitt Benckiser unveiled plans to return £1bn to shareholders on Wednesday, as new chief executive Kris Licht laid out plans to boost revenues over the medium term.
Read moreReckitt Benckiser CFO Carr to retire
23rd Aug 2023 07:30
(Sharecast News) - Reckitt Benckiser said on Wednesday that chief financial officer and executive director Jeff Carr plans to retire at the end of March next year.
Read moreJPMorgan picks three UK defensive stocks to watch
21st Aug 2023 08:30
(Sharecast News) - JPMorgan has kept its 'overweight' rating on UK-listed consumer goods and staples stocks Diageo, Reckitt Benckiser and Imperial Brands, saying the companies are "well positioned" going into the second half of the year.
Read moreReckitt Benckiser revenues grow in first half
26th Jul 2023 07:21
(Sharecast News) - Reckitt Benckiser posted a jump in first-half like-for-like net revenue on Wednesday, driven by solid performances across its portfolios.
Read moreDirector dealings: Diversified Energy board members invest, Reckitt CFOs cover tax bills
31st May 2023 14:09
(Sharecast News) - Reckitt Benckiser was at the top of the list of director sells on Wednesday, after both its outgoing and incoming finance chiefs offloaded large tranches of shares to cover tax liabilities.
Read moreBerenberg raises target price on Reckitt
27th Apr 2023 10:05
(Sharecast News) - Analysts at Berenberg raised their target price on consumer goods company Reckitt Group from 7,575.0p to 7,840.0p on Thursday, stating the earnings upgrade cycle persists.
Read moreReckitt appoints new CEO; Q1 sales rise
26th Apr 2023 08:07
(Sharecast News) - Consumer goods giant Reckitt Benckiser announced the appointment of a new chief executive on Wednesday as it posted a better-than-expected rise in first-quarter sales amid price hikes.
Read moreDeutsche Bank cuts price target on Reckitt Benckiser
3rd Apr 2023 10:55
(Sharecast News) - Analysts at Deutsche Bank lowered their target price on multinational consumer goods company Reckitt Benckiser from 6,500.0p to 6,250.0p on Monday.
Read more