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

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has earned a consensus rating of “Moderate Buy” from the eight research firms that are covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

RBGLY has been the topic of several recent research reports. Citigroup started coverage on Reckitt Benckiser Group in a report on Wednesday, January 14th. They issued a “buy” rating on the stock. Jefferies Financial Group reissued a “hold” rating on shares of Reckitt Benckiser Group in a report on Wednesday, January 7th. Barclays upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Royal Bank Of Canada lowered shares of Reckitt Benckiser Group from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 14th. Finally, Morgan Stanley upgraded shares of Reckitt Benckiser Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 16th.

Reckitt Benckiser Group Stock Down 1.6%

OTCMKTS RBGLY opened at $13.59 on Friday. Reckitt Benckiser Group has a 52 week low of $12.49 and a 52 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 stock has a fifty day moving average of $16.36 and a 200-day moving average of $15.92.

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.