Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Given Consensus Rating of “Hold” by Analysts
Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has received an average rating of “Hold” from the eleven research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $3,061.00.
RBGLY has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Reckitt Benckiser Group PLC from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Friday, May 5th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Reckitt Benckiser Group PLC in a research note on Tuesday, March 28th. Jefferies Group LLC cut shares of Reckitt Benckiser Group PLC from a “buy” rating to a “hold” rating in a research note on Thursday, July 6th. Finally, Societe Generale reaffirmed a “hold” rating on shares of Reckitt Benckiser Group PLC in a research note on Thursday, June 22nd.
Shares of Reckitt Benckiser Group PLC (OTCMKTS RBGLY) traded up 0.49% during mid-day trading on Tuesday, hitting $20.38. 557,446 shares of the stock were exchanged. Reckitt Benckiser Group PLC has a 52 week low of $16.36 and a 52 week high of $21.29. The stock’s 50-day moving average is $20.36 and its 200-day moving average is $18.54. The stock has a market capitalization of $71.34 billion, a price-to-earnings ratio of 30.54 and a beta of 0.88.
Reckitt Benckiser Group PLC Company Profile
Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).
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