Reckitt relief unlikely in the short term says broker

  • Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) second-quarter performance may not lag its consumer goods peers, but a material rerating of the stock still feels some way off, according to analysis by Citigroup. The American bank's London-based analysts, in a new note, say that second quarter results (due on Thursday 24 July) are likely to highlight strength in the firm's core emerging markets, notably China and India.