Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Stock Rated “Moderate Buy” by Wall Street Analysts

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have earned an average rating of “Moderate Buy” from the ten brokerages that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company.

A number of equities analysts have commented on RBGLY shares. Jefferies Financial Group raised shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research note on Tuesday, July 21st. BNP Paribas Exane cut shares of Reckitt Benckiser Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday, September 2nd. Zacks Research upgraded shares of Reckitt Benckiser Group from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Reckitt Benckiser Group in a research report on Tuesday, June 30th. Finally, The Goldman Sachs Group upgraded Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a report on Wednesday.

Reckitt Benckiser Group Trading Up 0.9%

Shares of RBGLY stock opened at $13.71 on Thursday. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.59 and a quick ratio of 0.40. Reckitt Benckiser Group has a twelve month low of $12.02 and a twelve month high of $17.80. The company’s 50-day moving average price is $13.78 and its 200-day moving average price is $13.38.

Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc, now known as Reckitt, is a United Kingdom-based consumer health and hygiene company headquartered in Slough, England. The company develops, manufactures and markets products intended to support personal health, household cleanliness and hygiene.

Its brand portfolio includes consumer health products such as Nurofen, Strepsils, Mucinex and Durex, as well as household and hygiene brands including Dettol, Lysol, Finish and Vanish. Reckitt’s products are sold through retailers, pharmacies, e-commerce platforms and other distribution channels.

The company was formed in 1999 through the merger of Reckitt & Colman and Benckiser.