Reckitt Benckiser Group (OTCMKTS:RBGLY) Raised to Strong-Buy at Kepler Capital Markets

Reckitt Benckiser Group (OTCMKTS:RBGLY) was upgraded by stock analysts at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a research report issued on Friday,Zacks.com reports.

Other analysts have also recently issued research reports about the stock. Jefferies Financial Group reissued a “hold” rating on shares of Reckitt Benckiser Group in a research note on Wednesday, January 7th. Citigroup started coverage on shares of Reckitt Benckiser Group in a report on Wednesday, January 14th. They issued a “buy” rating on the stock. Royal Bank Of Canada lowered shares of Reckitt Benckiser Group from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 14th. Zacks Research lowered shares of Reckitt Benckiser Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th. Finally, Morgan Stanley upgraded shares of Reckitt Benckiser Group from an “equal weight” rating to an “overweight” rating in a report on Monday, March 16th. Three investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Reckitt Benckiser Group Stock Performance

Reckitt Benckiser Group stock opened at $14.16 on Friday. The stock’s 50 day moving average is $15.24 and its 200 day moving average is $15.69. Reckitt Benckiser Group has a twelve month low of $12.73 and a twelve month high of $17.80. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.63 and a current ratio of 0.85.

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.