Reckitt Benckiser Group (RBGLY) to Announce Quarterly Earnings on Wednesday

Reckitt Benckiser Group (OTCMKTS:RBGLY) is expected to post its resultson Wednesday, July 29th. Analysts expect Reckitt Benckiser Group to post earnings of $0.3788 per share and revenue of $8.2493 billion for the quarter.

Reckitt Benckiser Group Stock Down 2.5%

Shares of RBGLY stock opened at $13.36 on Wednesday. The firm’s 50 day moving average is $12.89 and its 200 day moving average is $14.41. Reckitt Benckiser Group has a 12 month low of $12.02 and a 12 month high of $17.80. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.63 and a current ratio of 0.85.

Analyst Ratings Changes

RBGLY has been the subject of a number of recent analyst reports. Kepler Capital Markets upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Zacks Research raised Reckitt Benckiser Group from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Reckitt Benckiser Group in a research report on Tuesday, June 30th. Finally, Jefferies Financial Group upgraded Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

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.