Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have been assigned an average rating of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company.

A number of brokerages recently commented on RBGLY. Citigroup began coverage on shares of Reckitt Benckiser Group in a research report on Wednesday, January 14th. They issued a “buy” rating on the stock. Morgan Stanley lowered Reckitt Benckiser Group from an “overweight” rating to an “equal weight” rating in a research note on Monday, December 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Reckitt Benckiser Group in a report on Monday, October 27th. Jefferies Financial Group reiterated a “hold” rating on shares of Reckitt Benckiser Group in a research report on Wednesday, January 7th. Finally, Barclays upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st.

Reckitt Benckiser Group Stock Up 0.9%

RBGLY stock opened at $17.38 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.56 and a quick ratio of 0.37. Reckitt Benckiser Group has a one year low of $11.99 and a one year high of $16.80. The company’s 50 day moving average price is $16.33 and its two-hundred day moving average price is $15.64.

About Reckitt Benckiser Group

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.