Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Given Consensus Rating of “Hold” by Analysts
Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has been assigned a consensus recommendation of “Hold” from the twelve ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $3,061.00.
Several research analysts have recently issued reports on RBGLY shares. Zacks Investment Research upgraded shares of Reckitt Benckiser Group PLC from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a report on Tuesday, May 30th. Kepler Capital Markets cut shares of Reckitt Benckiser Group PLC from a “buy” rating to a “hold” rating in a report on Wednesday, July 26th. Jefferies Group LLC cut shares of Reckitt Benckiser Group PLC from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Finally, Societe Generale restated a “hold” rating on shares of Reckitt Benckiser Group PLC in a report on Thursday, June 22nd.
Reckitt Benckiser Group PLC (RBGLY) traded up 1.04% during midday trading on Friday, reaching $19.43. 69,700 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $20.16 and a 200-day moving average of $19.23. Reckitt Benckiser Group PLC has a 12 month low of $16.36 and a 12 month high of $21.55. The stock has a market cap of $68.34 billion, a PE ratio of 28.89 and a beta of 0.86.
The firm also recently declared a None dividend, which will be paid on Thursday, October 5th. Investors of record on Friday, August 18th will be paid a $0.163 dividend. The ex-dividend date of this dividend is Wednesday, August 16th.
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Reckitt Benckiser Group PLC Company Profile
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).
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