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

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has been given an average recommendation of “Buy” by the five brokerages that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company.

RBGLY has been the subject of a number of analyst reports. Jefferies Financial Group restated a “hold” rating on shares of Reckitt Benckiser Group in a report on Wednesday. Barclays raised shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Reckitt Benckiser Group in a report on Monday, October 27th. Royal Bank Of Canada restated an “outperform” rating on shares of Reckitt Benckiser Group in a research note on Thursday, October 23rd. Finally, Morgan Stanley downgraded shares of Reckitt Benckiser Group from an “overweight” rating to an “equal weight” rating in a report on Monday, December 15th.

Reckitt Benckiser Group Price Performance

RBGLY stock traded up $0.14 during trading on Tuesday, hitting $16.39. The company had a trading volume of 271,311 shares, compared to its average volume of 262,460. The firm has a 50-day moving average price of $15.78 and a 200-day moving average price of $15.19. Reckitt Benckiser Group has a 12 month low of $11.73 and a 12 month high of $16.55. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.37 and a current ratio of 0.56.

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.