RBGPF Stock Recent News

RBGPF LATEST HEADLINES

RBGPF Stock News Image - Seeking Alpha

Shares of Reckitt Benckiser have underperformed in recent years, and they now trade at a meaningful discount to global peers. Performance has been somewhat lumpy due to various one-time, non-company-specific factors, but growth is roughly landing where I thought it could at previous coverage. At around 17x EPS, Reckitt trades at a discount to both is historical average and global peers, and the stock looks priced for attractive medium-term returns.

Seeking Alpha 2024 Jan 16
RBGPF Stock News Image - CNBC

The company said that most, if not all, of the possibly contaminated product has already been consumed.

CNBC 2023 Dec 31
RBGPF Stock News Image - Proactive Investors

Citi has revised down its forecast for Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB), reflecting a more cautious assessment of prospects for the consumer goods giant, particularly in the short term. Citi has reduced its earnings per share (EPS) estimates for Reckitt for the years 2023 and 2024.

Proactive Investors 2023 Dec 20
RBGPF Stock News Image - Proactive Investors

Indivior PLC (LSE:INDV, NASDAQ:INDV) has won a case in the High Court against it and former parent Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) after being hit by a lawsuit over the Suboxone branded opioid addiction drug.  In September, Wirral Council filed a claim that Indivior had made misleading or dishonest statements regarding an alleged fraudulent scheme to the market for its Suboxone products in published information relating, violating the Financial Services and Markets Act 2000.

Proactive Investors 2023 Dec 05
RBGPF Stock News Image - Proactive Investors

Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) chairman Chris Sinclair will step down next year and be replaced by former Sky chief executive Jeremy Darroch, making a 12-month clean sweep at the top of the Vanish and Cilit Bang maker.  Sinclair will have served a nine-year term on the board, including six as chair, by the time of the annual shareholder meeting next May, when he will hand over the role.

Proactive Investors 2023 Nov 15
RBGPF Stock News Image - Seeking Alpha

Reckitt Benckiser has struggled to consistently exploit its portfolio of premium brands and return to its historical growth trajectory. The company's third-quarter performance was impacted by foreign exchange headwinds, but this does not necessarily indicate underlying weakness. The lack of consistency in Reckitt's earnings growth strategy has affected its fair valuation, although it has the potential for strong business performance.

Seeking Alpha 2023 Nov 06
RBGPF Stock News Image - Seeking Alpha

Reckitt Benckiser reported mediocre third quarter results and provided a strategy update recently. While that strategy update was mostly a reaffirmation that Reckitt Benckiser is positioned well in a growing market, it announced a new share buyback program. While the company is continuing to struggle, I still see the business having a wide economic moat as well as the stock being undervalued.

Seeking Alpha 2023 Nov 06
RBGPF Stock News Image - Proactive Investors

Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) has named Shannon Eisenhardt as its new chief financial officer, in another change in the top team at the consumer goods maker. The manufacturer of Nurofen and Dettol said Eisenhardt will join the business on October 17, succeeding Jeff Carr who has announced his retirement.

Proactive Investors 2023 Aug 23
RBGPF Stock News Image - Proactive Investors

Reckitt Benckiser is “cheap” compared to the sector and against its own history, according to Deutsch Bank, although it is “tough to re-rate.” However, the broker believes it is “only moderately cheap against the market.

Proactive Investors 2023 Jul 27
RBGPF Stock News Image - Seeking Alpha

Reckitt Benckiser Group plc (OTCPK:RBGPF) Q2 2023 Earnings Call Transcript July 26, 2023 8:30 AM ET Company Participants Richard Joyce - IR Nicandro Durante - CEO Jeff Carr - CFO Kris Licht - CEO Designate Conference Call Participants Tom Sykes - Deutsche Bank Jeremy Fialko - HSBC Fulvio Cazzol - Berenberg Iain Simpson - Barclays Richard Cohen - Morgan Stanley Alicia Forry - Investec Karel Zoete - Kepler Cheuvreux Operator Good morning, everyone. Welcome to Reckitt's Half Year 2023 Results Presentation.

Seeking Alpha 2023 Jul 26
10 of 34