Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Receives Average Rating of “Moderate Buy” from Analysts

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has received an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, two have given a buy recommendation and two have given a strong buy recommendation to the company.

Several equities research analysts have recently commented on RBGLY shares. Morgan Stanley raised Reckitt Benckiser Group from an “equal weight” rating to an “overweight” rating in a report on Monday, March 16th. Zacks Research downgraded Reckitt Benckiser Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Finally, Kepler Capital Markets raised Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a report on Friday, April 17th.

Reckitt Benckiser Group Stock Performance

Shares of Reckitt Benckiser Group stock opened at $12.52 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.63 and a current ratio of 0.85. The business has a fifty day simple moving average of $13.00 and a 200-day simple moving average of $14.96. Reckitt Benckiser Group has a fifty-two week low of $12.02 and a fifty-two week high of $17.80.

Reckitt Benckiser Group Company Profile

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.