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

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) have received an average rating of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company.

RBGLY has been the topic of several recent research reports. Kepler Capital Markets raised Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Morgan Stanley raised Reckitt Benckiser Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 16th. Finally, Zacks Research cut Reckitt Benckiser Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 7th.

Reckitt Benckiser Group Stock Performance

Shares of OTCMKTS RBGLY opened at $12.16 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. The stock’s fifty day simple moving average is $13.11 and its two-hundred day simple moving average is $15.07. Reckitt Benckiser Group has a 12-month low of $12.02 and a 12-month high of $17.80.

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.