Reckitt Benckiser Group (OTCMKTS:RBGLY) Upgraded at Zacks Research

Zacks Research upgraded shares of Reckitt Benckiser Group (OTCMKTS:RBGLY) to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. Barclays upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Jefferies Financial Group reiterated a “hold” rating on shares of Reckitt Benckiser Group in a research note on Wednesday, January 7th. Citigroup assumed coverage on Reckitt Benckiser Group in a research report on Wednesday, January 14th. They set a “buy” rating on the stock. Royal Bank Of Canada cut Reckitt Benckiser Group from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 14th. Finally, Morgan Stanley cut Reckitt Benckiser Group from an “overweight” rating to an “equal weight” rating in a report on Monday, December 15th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Reckitt Benckiser Group Stock Performance

Shares of RBGLY opened at $15.39 on Tuesday. Reckitt Benckiser Group has a fifty-two week low of $12.49 and a fifty-two week high of $17.80. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.56 and a quick ratio of 0.37. The business has a 50-day moving average of $16.79 and a 200 day moving average of $15.96.

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.