Analysts Set Reckitt Benckiser Group plc (OTCMKTS:RBGLY) Price Target at $6,032.50

Reckitt Benckiser Group plc (OTCMKTS:RBGLY) has earned an average recommendation of “Hold” from the six ratings firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $6,032.50.

RBGLY has been the topic of a number of research analyst reports. Jefferies Financial Group lowered Reckitt Benckiser Group from a “hold” rating to an “underperform” rating in a report on Monday, December 11th. BNP Paribas raised Reckitt Benckiser Group from an “underperform” rating to a “neutral” rating in a research note on Tuesday, January 9th. Finally, Sanford C. Bernstein upgraded Reckitt Benckiser Group from a “market perform” rating to an “outperform” rating in a research report on Monday, December 11th.

Reckitt Benckiser Group Price Performance

Reckitt Benckiser Group stock opened at $11.37 on Friday. The company has a current ratio of 0.54, a quick ratio of 0.36 and a debt-to-equity ratio of 0.57. The stock has a 50 day moving average of $13.56 and a 200-day moving average of $13.76. Reckitt Benckiser Group has a 52 week low of $10.66 and a 52 week high of $16.60.

Reckitt Benckiser Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, April 12th will be given a $0.2701 dividend. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from Reckitt Benckiser Group’s previous dividend of $0.18.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; vaginal care routine products; sore throat medications; and hair removal products under the Clearasil, Dettol, Durex, Gaviscon, Nurofen, Mucinex, Queen V, Strepsils, and Veet brands.