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

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has received an average recommendation of “Moderate Buy” from the nine ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, two have issued a buy recommendation and three have assigned a strong buy recommendation to the company.

A number of equities analysts have recently issued reports on RBGLY shares. Kepler Capital Markets upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. Morgan Stanley upgraded shares of Reckitt Benckiser Group from an “equal weight” rating to an “overweight” rating in a research note on Monday, March 16th. Finally, Zacks Research cut shares of Reckitt Benckiser Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 7th.

Reckitt Benckiser Group Price Performance

Shares of Reckitt Benckiser Group stock opened at $12.36 on Monday. Reckitt Benckiser Group has a fifty-two week low of $12.27 and a fifty-two week high of $17.80. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.85 and a quick ratio of 0.63. The firm has a fifty day moving average price of $13.60 and a two-hundred day moving average price of $15.35.

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.