RECKITT BENCKIS/S (OTCMKTS:RBGLY) Rating Increased to Hold at Zacks Investment Research

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Zacks Investment Research upgraded shares of RECKITT BENCKIS/S (OTCMKTS:RBGLY) from a sell rating to a hold rating in a research report sent to investors on Tuesday, Zacks.com reports.

According to Zacks, “Reckitt Benckiser Group Plc engages in manufacturing and distributing household, toiletry, pharmaceutical and food products. The company offers antiseptic liquids, depilatory products, medicated sore throat products, condoms, cold/flu products, acne treatment products, analgesics and upper gastro-intestinal products, foot care and comfort footwear products, denture care and dry skin care products, fabric care products, surface care products and polishes/waxes. Reckitt Benckiser Group is based in Slough, the United Kingdom. “

A number of other analysts have also recently issued reports on the company. HSBC set a $46.00 target price on Aqua America and gave the stock a buy rating in a research note on Friday, June 28th. BNP Paribas reissued a neutral rating on shares of RECKITT BENCKIS/S in a research note on Friday, July 5th. Finally, Societe Generale cut RECKITT BENCKIS/S from a buy rating to a sell rating in a research note on Tuesday, July 2nd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $19.00.

OTCMKTS RBGLY opened at $16.59 on Tuesday. The business’s 50 day simple moving average is $16.18. RECKITT BENCKIS/S has a 52-week low of $14.64 and a 52-week high of $18.85. The company has a current ratio of 0.65, a quick ratio of 0.48 and a debt-to-equity ratio of 0.65. The company has a market cap of $58.69 billion, a PE ratio of 18.43, a price-to-earnings-growth ratio of 9.28 and a beta of 0.75.

About RECKITT BENCKIS/S

Reckitt Benckiser Group plc manufactures, markets, and sells health, hygiene, and home products. The company offers products for the treatment of analgesic and gastro-intestinal problems, sore throat, cough, pain, and flu, as well as wellness products in sexual wellbeing, footcare, vitamins, and supplements under the Durex, Gaviscon, Nurofen, Mucinex, Scholl/Amopé, and Strepsils brand names.

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