Reckitt Benckiser Group (OTCMKTS:RBGLY) Stock Rating Lowered by Zacks Research

Reckitt Benckiser Group (OTCMKTS:RBGLY) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Thursday,Zacks.com reports.

Other equities analysts have also issued research reports about the stock. Kepler Capital Markets raised shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Jefferies Financial Group raised Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research report on Tuesday, July 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Reckitt Benckiser Group in a research note on Tuesday, June 30th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Reckitt Benckiser Group Trading Down 2.4%

Reckitt Benckiser Group stock opened at $14.05 on Thursday. The stock has a 50-day moving average price of $13.07 and a 200 day moving average price of $14.28. Reckitt Benckiser Group has a 52 week low of $12.02 and a 52 week high of $17.80. The company has a current ratio of 0.85, a quick ratio of 0.63 and a debt-to-equity ratio of 0.98.

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.