Reckitt Benckiser Group (RBGLY) Expected to Announce Quarterly Earnings on Wednesday

Reckitt Benckiser Group (OTCMKTS:RBGLY) is projected to release its resultson Wednesday, July 29th. Analysts expect Reckitt Benckiser Group to announce earnings of $0.3788 per share and revenue of $8.2493 billion for the quarter.

Reckitt Benckiser Group Price Performance

Shares of OTCMKTS:RBGLY opened at $13.36 on Wednesday. Reckitt Benckiser Group has a 12-month low of $12.02 and a 12-month high of $17.80. The business has a fifty day simple moving average of $12.89 and a 200 day simple moving average of $14.41. The company has a quick ratio of 0.63, a current ratio of 0.85 and a debt-to-equity ratio of 0.98.

Analyst Upgrades and Downgrades

RBGLY has been the subject of several recent analyst reports. Kepler Capital Markets raised Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Reckitt Benckiser Group in a report on Tuesday, June 30th. Zacks Research raised shares of Reckitt Benckiser Group from a “strong sell” rating to a “hold” rating in a research report on Monday, June 15th. Finally, Jefferies Financial Group upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

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.