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

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have earned an average rating of “Moderate Buy” from the nine research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have issued a buy recommendation and three have given a strong buy recommendation to the company.

Several research analysts recently commented on RBGLY shares. Jefferies Financial Group reaffirmed a “hold” rating on shares of Reckitt Benckiser Group in a report on Wednesday, January 7th. Kepler Capital Markets raised shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a report on Friday. Morgan Stanley raised shares of Reckitt Benckiser Group from an “equal weight” rating to an “overweight” rating in a report on Monday, March 16th. Citigroup started coverage on shares of Reckitt Benckiser Group in a report on Wednesday, January 14th. They issued a “buy” rating for the company. Finally, Zacks Research downgraded shares of Reckitt Benckiser Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 7th.

Reckitt Benckiser Group Stock Performance

Shares of OTCMKTS RBGLY opened at $14.16 on Thursday. Reckitt Benckiser Group has a 1-year low of $12.73 and a 1-year high of $17.80. The firm’s 50-day moving average price is $15.24 and its 200-day moving average price is $15.69. The company has a current ratio of 0.85, a quick ratio of 0.63 and a debt-to-equity ratio of 0.98.

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.