Reckitt Benckiser Group (RBGLY) to Release Quarterly Earnings on Wednesday

Reckitt Benckiser Group (OTCMKTS:RBGLY) is projected to release its resultson Wednesday, July 29th. Analysts expect the company to announce earnings of $0.3807 per share and revenue of $8.2493 billion for the quarter.

Reckitt Benckiser Group Stock Up 1.4%

OTCMKTS:RBGLY opened at $13.45 on Tuesday. Reckitt Benckiser Group has a 1 year low of $12.02 and a 1 year high of $17.80. The company has a quick ratio of 0.63, a current ratio of 0.85 and a debt-to-equity ratio of 0.98. The stock has a 50-day simple moving average of $12.97 and a 200-day simple moving average of $14.33.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Zacks Research upgraded shares of Reckitt Benckiser Group from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Reckitt Benckiser Group in a research report on Tuesday, June 30th. 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. Finally, Jefferies Financial Group raised shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research report on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Reckitt Benckiser Group currently has an average rating of “Moderate Buy”.

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.