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

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have been given an average recommendation of “Moderate Buy” by the nine brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, two have given a buy recommendation and three have issued a strong buy recommendation on the company.

A number of equities analysts have issued reports on the stock. Morgan Stanley upgraded shares of Reckitt Benckiser Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 16th. Zacks Research cut shares of Reckitt Benckiser Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th. Finally, 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.

Reckitt Benckiser Group Trading Up 0.4%

Shares of RBGLY opened at $12.36 on Monday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.63 and a current ratio of 0.85. The company has a 50-day moving average of $13.60 and a two-hundred day moving average of $15.35. Reckitt Benckiser Group has a 12-month low of $12.27 and a 12-month high of $17.80.

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.