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RBGLY / Reckitt Benckiser 'frustrated' at lack of love but analysts see plenty of question marks

Reckitt Benckiser 'frustrated' at lack of love but analysts see plenty of question marks
Reckitt Benckiser PLC management's frustration that the market's lack of love is likely to be extended as the shares received another downgrade, with analysts also slamming the ‘mystifying' lack of chief executive appointment six months after the departure of Laxman Narasimhan. There were two slightly disparaging notes on the Durex, Clearasil and Air Wick maker on Monday morning, with Deutsche Bank removing the shares from its ‘buy' list and moving to a ‘hold' rating, with target price remaining 6500p. Read More
Posted: Mar 6 2023, 07:24
Author Name: Proactive Investors
Views: 110625

RBGLY News  

Reckitt stock stumbles on revenue miss and margin concerns

By Market Watch
October 25, 2023

Reckitt stock stumbles on revenue miss and margin concerns

Not even the start of a £1 billion ($1.21 billion) buyback program could save shares of Reckitt RKT, -4.83% on Wednesday, as they dropped nearly 7% a more_horizontal

Reckitt starts £1bn buyback as new boss sees room to 'sharpen and improve'

By Proactive Investors
October 25, 2023

Reckitt starts £1bn buyback as new boss sees room to 'sharpen and improve'

Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) launched a £1 billion buy-back as new chief executive Kris Licht unveiled his hopes for the business, more_horizontal

Reckitt Benckiser 'cheap', according to brokers

By Proactive Investors
July 27, 2023

Reckitt Benckiser 'cheap', according to brokers

Reckitt Benckiser is “cheap” compared to the sector and against its own history, according to Deutsch Bank, although it is “tough to re-rate.” more_horizontal

Reckitt Benckiser Group plc (RBGPF) Q2 2023 Earnings Call Transcript

By Seeking Alpha
July 26, 2023

Reckitt Benckiser Group plc (RBGPF) Q2 2023 Earnings Call Transcript

Reckitt Benckiser Group plc (OTCPK:RBGPF) Q2 2023 Earnings Call Transcript July 26, 2023 8:30 AM ET Company Participants Richard Joyce - IR Nicandro D more_horizontal

Reckitt Benckiser reports revenue growth as confidence reiterated

By Proactive Investors
July 26, 2023

Reckitt Benckiser reports revenue growth as confidence reiterated

Durex and Veet owner Reckitt Benckiser said first-half revenues moved higher with the consumer goods reiterating its confidence amid a challenging bac more_horizontal

Reckitt Benckiser: Potential For Strong Free Cash Flow

By Seeking Alpha
July 6, 2023

Reckitt Benckiser: Potential For Strong Free Cash Flow

Reckitt Benckiser Group is a global manufacturer and seller of health, hygiene, and nutrition products. Reckitt has benefited well from the pandemic, more_horizontal

Reckitt creates 'air sanitizing spray' effective against coronavirus

By Reuters
June 27, 2023

Reckitt creates 'air sanitizing spray' effective against coronavirus

Reckitt's Lysol disinfectant brand said on Tuesday that it would start selling in the U.S. an "air sanitizing spray" that kills 99.9% of airborne viru more_horizontal

Reckitt Benckiser's first quarter to be ahead of consensus, says broker

By Proactive Investors
March 31, 2023

Reckitt Benckiser's first quarter to be ahead of consensus, says broker

Reckitt Benckiser's first-quarter sales are expected to be ahead of Jefferies' previous consensus, with the broker remaining hold on the consumer good more_horizontal


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