Reckitt Benckiser Group PLC (RBGLY) – What Are Brokerages Saying About This Stock?

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has been given an average recommendation of “Moderate Buy” by the ten ratings firms that are currently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and two have given a strong buy recommendation to the company.

A number of analysts have issued reports on RBGLY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Reckitt Benckiser Group in a research note on Tuesday, June 30th. BNP Paribas Exane lowered shares of Reckitt Benckiser Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday, September 2nd. Zacks Research upgraded shares of Reckitt Benckiser Group from a “strong sell” rating to a “hold” rating in a report on Friday, August 28th. Jefferies Financial Group upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a report on Tuesday, July 21st. Finally, The Goldman Sachs Group raised shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research note on Wednesday, October 7th.

Reckitt Benckiser Group Trading Up 1.2%

OTCMKTS:RBGLY opened at $13.88 on Thursday. The stock’s 50 day moving average price is $13.77 and its 200 day moving average price is $13.38. Reckitt Benckiser Group has a 52 week low of $12.02 and a 52 week high of $17.80. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.40 and a current ratio of 0.59.

About Reckitt Benckiser Group

Reckitt Benckiser Group plc, now known as Reckitt, is a United Kingdom-based consumer health and hygiene company headquartered in Slough, England. The company develops, manufactures and markets products intended to support personal health, household cleanliness and hygiene.

Its brand portfolio includes consumer health products such as Nurofen, Strepsils, Mucinex and Durex, as well as household and hygiene brands including Dettol, Lysol, Finish and Vanish. Reckitt’s products are sold through retailers, pharmacies, e-commerce platforms and other distribution channels.

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