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

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and two have issued a strong buy recommendation on the company.

A number of analysts have recently issued reports on RBGLY shares. Morgan Stanley cut Reckitt Benckiser Group from an “overweight” rating to an “equal weight” rating in a report on Monday, December 15th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Reckitt Benckiser Group in a research note on Monday, October 27th. Jefferies Financial Group reissued a “hold” rating on shares of Reckitt Benckiser Group in a research note on Wednesday, January 7th. Citigroup started coverage on shares of Reckitt Benckiser Group in a research report on Wednesday, January 14th. They set a “buy” rating for the company. Finally, Royal Bank Of Canada lowered Reckitt Benckiser Group from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 14th.

Reckitt Benckiser Group Price Performance

Shares of OTCMKTS:RBGLY opened at $16.67 on Friday. The business has a 50-day moving average of $16.18 and a two-hundred day moving average of $15.52. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.37 and a current ratio of 0.56. Reckitt Benckiser Group has a 12 month low of $11.99 and a 12 month high of $16.80.

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.