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

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has been assigned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have given a strong buy recommendation to the company.

Several equities analysts have recently commented on RBGLY shares. UBS Group restated a “buy” rating on shares of Reckitt Benckiser Group in a research report on Wednesday, October 28th. BNP Paribas Exane lowered shares of Reckitt Benckiser Group from an “outperform” rating to a “neutral” rating in a research report on Wednesday, September 2nd. 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. Zacks Research upgraded shares of Reckitt Benckiser Group from a “strong sell” rating to a “hold” rating in a research report on Friday, August 28th. Finally, The Goldman Sachs Group upgraded Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research note on Wednesday, October 7th.

Reckitt Benckiser Group Price Performance

OTCMKTS:RBGLY opened at $15.00 on Monday. The stock has a fifty day moving average price of $14.00 and a 200-day moving average price of $14.12. The company has a current ratio of 0.59, a quick ratio of 0.40 and a debt-to-equity ratio of 1.31. Reckitt Benckiser Group has a fifty-two week low of $12.02 and a fifty-two week high of $17.80.

About Reckitt Benckiser Group

Reckitt Benckiser Group plc, which operates under the Reckitt name, is a global consumer goods company focused on health, hygiene and nutrition. Its products include household cleaning and disinfecting goods, personal care items, over-the-counter medicines and infant formula.

The company’s portfolio includes brands such as Dettol, Lysol, Finish, Durex, Strepsils, Nurofen and Enfamil. Its products are sold in markets around the world through retailers, pharmacies and other distribution channels.

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