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The latest update is out from Reckitt ( (GB:RKT) ).
Reckitt Benckiser Group PLC has repurchased 59,500 of its ordinary shares, which will be held in treasury. This transaction, executed in line with shareholder authority from the May 2025 Annual General Meeting, impacts the company’s total voting rights, now standing at 674,524,429. This move is part of Reckitt’s broader strategy to manage its capital structure and may influence shareholder interests and market perceptions.
The most recent analyst rating on (GB:RKT) stock is a Hold with a £5500.00 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 overall score is driven by strong earnings call performance and solid financial health, despite some challenges in revenue growth and valuation concerns. The technical analysis supports a positive outlook, although caution is advised due to potential overbought conditions.
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 wide range of products including cleaning agents, health and wellness products, and over-the-counter pharmaceuticals.
Average Trading Volume: 1,422,636
Technical Sentiment Signal: Buy
Current Market Cap: £39.73B
For detailed information about RKT stock, go to TipRanks’ Stock Analysis page.