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

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have been given a consensus rating of “Moderate Buy” by the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company.

RBGLY has been the subject of several recent research reports. Jefferies Financial Group raised Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Reckitt Benckiser Group in a research report on Tuesday, June 30th. Zacks Research upgraded shares of Reckitt Benckiser Group from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Finally, Kepler Capital Markets raised shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th.

Reckitt Benckiser Group Stock Performance

Shares of RBGLY opened at $13.27 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.85 and a debt-to-equity ratio of 0.98. Reckitt Benckiser Group has a 12-month low of $12.02 and a 12-month high of $17.80. The stock’s fifty day simple moving average is $12.95 and its 200-day simple moving average is $14.37.

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.