Reckitt Benckiser Group PLC (RBGLY) – What Are Analysts Thinking About This Stock?

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have earned a consensus rating of “Moderate Buy” from the eleven ratings firms that are currently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and two have assigned a strong buy recommendation to the company.

Several research firms have recently weighed in on RBGLY. Zacks Research upgraded shares of Reckitt Benckiser Group from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Jefferies Financial Group upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a report on Tuesday, July 21st. BNP Paribas Exane lowered shares of Reckitt Benckiser Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday, September 2nd. The Goldman Sachs Group upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a report on Wednesday, October 7th. Finally, UBS Group restated a “buy” rating on shares of Reckitt Benckiser Group in a research report on Wednesday, October 28th.

Reckitt Benckiser Group Stock Performance

RBGLY stock opened at $15.32 on Monday. The company has a 50-day simple moving average of $13.95 and a 200 day simple moving average of $14.13. The company has a quick ratio of 0.40, a current ratio of 0.59 and a debt-to-equity ratio of 1.31. Reckitt Benckiser Group has a fifty-two week low of $12.02 and a fifty-two week high of $17.80.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc, now operating under the Reckitt name, is a global consumer health and hygiene company headquartered in Slough, England. The company develops, manufactures and markets branded products intended to support personal health, household cleanliness and everyday hygiene.

Its portfolio includes consumer health brands such as Nurofen, Strepsils, Gaviscon, Mucinex and Durex, as well as hygiene and household brands including Dettol, Lysol, Finish and Harpic. Reckitt sells products through pharmacies, supermarkets, mass retailers, e-commerce platforms and other distribution channels.

The company was formed in 1999 through the merger of the British household-products manufacturer Reckitt & Colman and the Dutch company Benckiser.