Reckitt Benckiser Group PLC (RBGLY) Is Up 11.73% in One Week: What You Should Know

Company Overview - Reckitt Benckiser Group PLC (RBGLY) currently holds a Momentum Style Score of B, indicating potential for strong performance based on recent trends [3][12] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned favorably in the market [4][12] Price Performance - Over the past week, RBGLY shares have increased by 11.73%, matching the performance of the Zacks Soap and Cleaning Materials industry [6] - In the last month, RBGLY's price change is 8.09%, again in line with the industry's performance [6] - For longer-term metrics, RBGLY shares have risen 15.8% over the past three months and 41.39% over the last year, outperforming the S&P 500, which increased by 14.12% and 16.19% respectively [7] Trading Volume - The average 20-day trading volume for RBGLY is 285,846 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, three earnings estimates for RBGLY have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.92 to $0.94 [10] - For the next fiscal year, three estimates have also moved upwards without any downward revisions [10]