Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have been given a consensus recommendation of “Moderate Buy” by the eight research firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three 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 downgraded Reckitt Benckiser Group from a “hold” rating to a “strong sell” rating in a report on Thursday, July 30th. Jefferies Financial Group upgraded Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research note on Tuesday, July 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Reckitt Benckiser Group in a research report on Tuesday, June 30th.

Reckitt Benckiser Group Stock Performance

OTCMKTS RBGLY opened at $14.19 on Wednesday. The company has a fifty day moving average of $13.64 and a two-hundred day moving average of $13.98. Reckitt Benckiser Group has a 1 year low of $12.02 and a 1 year 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.

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.