Reckitt Benckiser Group PLC (RBGLY) Downgraded by Kepler Capital Markets
Kepler Capital Markets cut shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) from a buy rating to a hold rating in a research report sent to investors on Wednesday morning, Marketbeat reports.
A number of other research analysts also recently weighed in on the company. Zacks Investment Research raised Reckitt Benckiser Group PLC from a hold rating to a buy rating and set a $23.00 price target on the stock in a research note on Wednesday, May 24th. J P Morgan Chase & Co reissued a neutral rating on shares of Reckitt Benckiser Group PLC in a research note on Tuesday, March 28th. Societe Generale reissued a hold rating on shares of Reckitt Benckiser Group PLC in a research note on Thursday, June 22nd. Finally, Jefferies Group LLC downgraded Reckitt Benckiser Group PLC from a buy rating to a hold rating in a research note on Thursday, July 6th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $3,061.00.
Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) opened at 19.69 on Wednesday. The company has a 50 day moving average price of $20.36 and a 200-day moving average price of $19.05. Reckitt Benckiser Group PLC has a one year low of $16.36 and a one year high of $21.55. The firm has a market capitalization of $69.26 billion, a PE ratio of 29.82 and a beta of 0.88.
The business also recently declared a None dividend, which will be paid on Thursday, October 5th. Stockholders of record on Friday, August 18th will be paid a $0.163 dividend. The ex-dividend date is Wednesday, August 16th.
About Reckitt Benckiser Group PLC
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).
Receive News & Ratings for Reckitt Benckiser Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reckitt Benckiser Group PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.