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

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has earned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company.

A number of research firms recently issued reports on RBGLY. Royal Bank Of Canada downgraded shares of Reckitt Benckiser Group from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 14th. Barclays upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Morgan Stanley downgraded Reckitt Benckiser Group from an “overweight” rating to an “equal weight” rating in a research note on Monday, December 15th. Citigroup started coverage on Reckitt Benckiser Group in a research note on Wednesday, January 14th. They set a “buy” rating on the stock. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Reckitt Benckiser Group in a research note on Wednesday, January 7th.

Reckitt Benckiser Group Price Performance

Shares of RBGLY opened at $17.33 on Wednesday. Reckitt Benckiser Group has a 52-week low of $11.99 and a 52-week high of $16.80. The business’s 50 day moving average price is $16.78 and its two-hundred day moving average price is $15.92. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.56 and a quick ratio of 0.37.

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.