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

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

A number of brokerages have weighed in on RBGLY. Barclays raised 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 Reckitt Benckiser Group from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, January 14th. Jefferies Financial Group restated a “hold” rating on shares of Reckitt Benckiser Group in a report on Wednesday, January 7th. Zacks Research raised shares of Reckitt Benckiser Group to a “hold” rating in a research note on Tuesday, March 3rd. Finally, Citigroup initiated coverage on shares of Reckitt Benckiser Group in a research report on Wednesday, January 14th. They set a “buy” rating on the stock.

Reckitt Benckiser Group Trading Down 0.4%

Reckitt Benckiser Group stock opened at $13.61 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.56 and a debt-to-equity ratio of 1.01. The company has a 50 day moving average price of $16.24 and a 200-day moving average price of $15.90. Reckitt Benckiser Group has a fifty-two week low of $12.49 and a fifty-two week high of $17.80.

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.