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

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has earned a consensus rating of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company.

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Reckitt Benckiser Group in a research note on Monday, October 27th. Morgan Stanley lowered Reckitt Benckiser Group from an “overweight” rating to an “equal weight” rating in a research report on Monday, December 15th. Jefferies Financial Group reiterated a “hold” rating on shares of Reckitt Benckiser Group in a research report on Wednesday, January 7th. Royal Bank Of Canada cut shares of Reckitt Benckiser Group from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 14th. Finally, Citigroup assumed coverage on shares of Reckitt Benckiser Group in a research note on Wednesday, January 14th. They issued a “buy” rating on the stock.

Reckitt Benckiser Group Stock Performance

RBGLY stock opened at $16.70 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 firm’s fifty day moving average is $16.26 and its 200 day moving average is $15.61. Reckitt Benckiser Group has a 52 week low of $11.99 and a 52 week high of $16.80.

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.