Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have been given a consensus recommendation of “Moderate Buy” by the eight analysts that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating on the company.

Several equities analysts have recently issued reports on the stock. Zacks Research raised shares of Reckitt Benckiser Group from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Kepler Capital Markets raised Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Reckitt Benckiser Group in a report on Tuesday, June 30th. Finally, Jefferies Financial Group upgraded Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a report on Tuesday.

Reckitt Benckiser Group Stock Performance

Shares of OTCMKTS:RBGLY opened at $13.27 on Friday. The company has a 50 day moving average price of $12.95 and a two-hundred day moving average price of $14.37. The company has a quick ratio of 0.63, a current ratio of 0.85 and a debt-to-equity ratio of 0.98. Reckitt Benckiser Group has a 52 week low of $12.02 and a 52 week high of $17.80.

Reckitt Benckiser Group Company Profile

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.