Reckitt Benckiser: Undervalued With Sound Growth Prospects

Hitra British consumer staples giant Reckitt Benckiser (OTCPK:RBGLY)(OTCPK:RBGPF) has continued to underwhelm, with the dollar-denominated ADSs underperforming the global peer group by circa 12ppt over the past couple of years. Performance has been similarly disappointing since I last covered the company on Seeking Alpha back in 2021, with a negative 15% total return representing nearly 20ppt of underperformance versus global peers in that time. Source: Seeking Alpha While disappointing, a little contex ...