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The latest update is out from Reckitt ( (GB:RKT) ).
Reckitt Benckiser Group PLC announced the repurchase of 74,000 of its ordinary shares from HSBC Bank plc, as part of a buyback program authorized by shareholders. This transaction, executed on 20 June 2025, will see the repurchased shares held in treasury, impacting the total number of voting rights and potentially influencing shareholder interest notifications under FCA rules.
The most recent analyst rating on (GB:RKT) stock is a Buy with a £51.00 price target. To see the full list of analyst forecasts on Reckitt stock, see the GB:RKT Stock Forecast page.
Spark’s Take on GB:RKT Stock
According to Spark, TipRanks’ AI Analyst, GB:RKT is a Outperform.
Reckitt’s strong financial health and technical indicators are the most significant factors driving the stock’s positive outlook. The active corporate strategy with share buybacks and strategic appointments further supports confidence in the stock. However, a high P/E ratio indicates the stock might be overvalued, balanced by a solid dividend yield, making it attractive for income-focused investors.
To see Spark’s full report on GB:RKT stock, click here.
More about Reckitt
Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and home products. The company is known for its diverse range of products, including well-known brands in health and wellness, household cleaning, and personal care, catering to a global market.
Average Trading Volume: 1,596,462
Technical Sentiment Signal: Buy
Current Market Cap: £34.73B
For a thorough assessment of RKT stock, go to TipRanks’ Stock Analysis page.