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

Reckitt Benckiser Group plc (OTCMKTS:RBGLY) has been assigned a consensus recommendation of “Buy” from the seven brokerages that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating, one has issued a buy rating and three have assigned a strong buy rating to the company.

RBGLY has been the subject of a number of research analyst reports. Hsbc Global Res upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th. Barclays lowered shares of Reckitt Benckiser Group from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, February 4th. HSBC upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th. Finally, Sanford C. Bernstein lowered shares of Reckitt Benckiser Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 4th.

Reckitt Benckiser Group Price Performance

Shares of RBGLY stock opened at $13.40 on Thursday. The company has a 50 day moving average price of $12.57 and a 200-day moving average price of $12.25. Reckitt Benckiser Group has a 52 week low of $10.24 and a 52 week high of $15.03. The company has a current ratio of 0.69, a quick ratio of 0.47 and a debt-to-equity ratio of 0.97.

About Reckitt Benckiser Group

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.