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

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have received a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company.

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

Reckitt Benckiser Group Trading Up 1.8%

Shares of OTCMKTS:RBGLY opened at $16.61 on Tuesday. The company has a current ratio of 0.56, a quick ratio of 0.37 and a debt-to-equity ratio of 1.01. The firm’s 50 day moving average price is $15.84 and its 200-day moving average price is $15.23. Reckitt Benckiser Group has a twelve month low of $11.73 and a twelve month high of $16.69.

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.