Reckitt Benckiser Group (OTCMKTS:RBGLY) Price Target Raised to GBX 7,575 at Berenberg Bank

Reckitt Benckiser Group (OTCMKTS:RBGLYGet Rating) had its price objective upped by Berenberg Bank from GBX 7,400 ($88.99) to GBX 7,575 ($91.09) in a report issued on Monday morning, The Fly reports.

RBGLY has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft downgraded Reckitt Benckiser Group from a buy rating to a hold rating in a research note on Monday. Societe Generale raised shares of Reckitt Benckiser Group from a sell rating to a buy rating in a research note on Monday, January 9th. Credit Suisse Group downgraded shares of Reckitt Benckiser Group from an outperform rating to a neutral rating in a research note on Tuesday, December 13th. JPMorgan Chase & Co. cut their target price on shares of Reckitt Benckiser Group from GBX 8,500 ($102.21) to GBX 7,500 ($90.19) in a research note on Thursday, December 1st. Finally, Barclays cut their target price on shares of Reckitt Benckiser Group from GBX 8,200 ($98.61) to GBX 7,800 ($93.80) in a research note on Tuesday, January 3rd. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of Hold and a consensus price target of $7,893.75.

Reckitt Benckiser Group Stock Performance

OTCMKTS:RBGLY opened at $14.10 on Monday. The company has a quick ratio of 0.47, a current ratio of 0.70 and a debt-to-equity ratio of 0.84. Reckitt Benckiser Group has a 52-week low of $12.71 and a 52-week high of $16.78. The stock has a fifty day simple moving average of $14.28 and a 200-day simple moving average of $14.16.

About Reckitt Benckiser Group

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Reckitt Benckiser Group Plc engages in the manufacture and trade of consumer brand products including Air Wick, Calgon, Cillit Bang, Clearasil, Dettol, Durex, Enfamil, Finish, Gaviscon, Harpic, Lysol, Mortein, Mucinex, Nurofen, Nutramigen, Strepsils, Vanish, Veet, and Woolite. It operates through the following segments: Hygiene, Health, and Nutrition.

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