Reckitt Benckiser Group Plc (LON:RB) announced a dividend on Monday, July 24th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 17th will be given a dividend of GBX 66.60 ($0.87) per share on Friday, September 8th. This represents a yield of 0.84%. The ex-dividend date is Thursday, August 17th. The official announcement can be viewed at this link.
Shares of Reckitt Benckiser Group Plc (LON:RB) opened at 7586.00 on Tuesday. Reckitt Benckiser Group Plc has a 12-month low of GBX 6,496.00 and a 12-month high of GBX 8,110.43. The company’s market capitalization is GBX 53.11 billion. The firm’s 50-day moving average is GBX 7,846.38 and its 200-day moving average is GBX 7,397.14.
In related news, insider Adrian Bellamy acquired 554 shares of the stock in a transaction that occurred on Friday, May 19th. The stock was acquired at an average cost of GBX 7,607 ($99.10) per share, for a total transaction of £42,142.78 ($54,902.01). Also, insider Rakesh Kapoor sold 58,094 shares of the company’s stock in a transaction that occurred on Friday, May 5th. The stock was sold at an average price of GBX 7,150 ($93.15), for a total transaction of £4,153,721 ($5,411,309.28).
RB has been the subject of several research analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 8,000 ($104.22) target price on shares of Reckitt Benckiser Group Plc in a report on Friday, April 28th. J P Morgan Chase & Co lifted their target price on shares of Reckitt Benckiser Group Plc from GBX 7,250 ($94.45) to GBX 7,300 ($95.10) and gave the stock a “neutral” rating in a report on Tuesday, June 20th. UBS AG set a GBX 7,300 ($95.10) target price on shares of Reckitt Benckiser Group Plc and gave the stock a “neutral” rating in a report on Wednesday, April 5th. Liberum Capital reaffirmed a “buy” rating and set a GBX 7,650 ($99.66) target price on shares of Reckitt Benckiser Group Plc in a report on Wednesday, March 29th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 8,500 ($110.73) target price on shares of Reckitt Benckiser Group Plc in a report on Wednesday, April 12th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twelve have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 8,187.88 ($106.67).
About Reckitt Benckiser Group Plc
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).
Receive News & Ratings for Reckitt Benckiser Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reckitt Benckiser Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.
