1007 GMT - Reckitt Benckiser's valuation seems undemanding at first look but the stock is expected to face minimal earnings per share growth until 2027 due to its reshaping of its portfolio, Barclays analysts say after downgrading the stock to equal weight from overweight. The U.K. consumer-goods company's plans to slim down the business makes sense, and the plan to return excess proceeds reflects a clear commitment to shareholder value, they say in a note. Looking ahead, the company's performance in 2027 could be in line with main peers, but Reckitt faces greater execution risks due to its portfolio transformation, they add. Shares are down 1.1% at 52.46 pounds. (michael.susin@wsj.com)
(END) Dow Jones Newswires
February 04, 2025 05:08 ET (10:08 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。