Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Receives Average Recommendation of “Moderate Buy” from Analysts

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has been assigned an average recommendation of “Moderate Buy” from the eight analysts that are covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have issued a strong buy recommendation on the company.

A number of equities analysts have recently commented on the stock. Zacks Research upgraded shares of Reckitt Benckiser Group from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Morgan Stanley raised Reckitt Benckiser Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 16th. Kepler Capital Markets upgraded Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Reckitt Benckiser Group in a research note on Tuesday, June 30th.

Reckitt Benckiser Group Trading Up 1.9%

RBGLY traded up $0.26 during trading on Tuesday, reaching $14.02. 237,201 shares of the company’s stock were exchanged, compared to its average volume of 719,666. The company has a current ratio of 0.85, a quick ratio of 0.63 and a debt-to-equity ratio of 0.98. Reckitt Benckiser Group has a one year low of $12.02 and a one year high of $17.80. The firm has a fifty day moving average price of $12.69 and a two-hundred day moving average price of $14.63.

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.