Reckitt Benckiser Group PLC (RBGLY) Given Average Rating of “Hold” by Analysts
Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have received a consensus rating of “Hold” from the twelve analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $3,061.00.
RBGLY has been the subject of a number of 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 target price for the company in a research report on Friday, May 5th. Societe Generale restated a “hold” rating on shares of Reckitt Benckiser Group PLC in a research note on Thursday, June 22nd. 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, Kepler Capital Markets cut shares of Reckitt Benckiser Group PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, July 26th.
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Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) traded up 1.04% on Friday, reaching $19.43. 69,700 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $20.16 and its 200 day moving average price is $19.23. Reckitt Benckiser Group PLC has a 52-week low of $16.36 and a 52-week high of $21.55. The firm has a market capitalization of $68.34 billion, a PE ratio of 28.89 and a beta of 0.86.
The company also recently announced a None dividend, which will be paid on Thursday, October 5th. Shareholders of record on Friday, August 18th will be issued a $0.163 dividend. The ex-dividend date is Wednesday, August 16th.
About Reckitt Benckiser Group PLC
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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