Reckitt Benckiser Group PLC (OTCMKTS:RBGLY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $16.51 and last traded at $16.50, with a volume of 24322 shares traded. The stock had previously closed at $16.25.
Analysts Set New Price Targets
A number of research firms recently commented on RBGLY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Reckitt Benckiser Group in a research report on Monday, October 27th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Reckitt Benckiser Group in a research note on Thursday, October 23rd. Morgan Stanley cut Reckitt Benckiser Group from an “overweight” rating to an “equal weight” rating in a report on Monday, December 15th. Finally, Barclays upgraded Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.
View Our Latest Research Report on Reckitt Benckiser Group
Reckitt Benckiser Group Trading Up 1.7%
About Reckitt Benckiser Group
Reckitt Benckiser Group plc is a multinational consumer goods company that develops, manufactures and markets health, hygiene and home products. Its portfolio spans over-the-counter medicines and health products, personal and sexual wellness, surface and laundry cleaning, and household care. The company owns a number of well-known global brands across these categories, including Lysol and Dettol in disinfectants and hygiene, Durex in sexual wellness, Nurofen in analgesics, and Finish in dishwashing products.
The firm has its corporate headquarters in the United Kingdom and sells products in markets around the world, serving consumers across North America, Europe, Asia, Latin America, the Middle East and Africa.
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