Reckitt Benckiser Group plc (OTCMKTS:RBGLY) Given Consensus Rating of “Buy” by Analysts

Shares of Reckitt Benckiser Group plc (OTCMKTS:RBGLY) have earned an average recommendation of “Buy” from the eight analysts that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, two have issued a buy rating and three have assigned a strong buy rating to the company.

Several analysts have commented on the stock. Barclays lowered shares of Reckitt Benckiser Group from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, February 4th. Hsbc Global Res raised shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th. Royal Bank of Canada reissued an “outperform” rating on shares of Reckitt Benckiser Group in a research note on Friday, March 7th. Finally, HSBC raised shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th.

Reckitt Benckiser Group Stock Down 0.1 %

Reckitt Benckiser Group stock opened at $13.32 on Monday. Reckitt Benckiser Group has a fifty-two week low of $10.24 and a fifty-two week high of $14.10. The firm’s 50-day simple moving average is $13.06 and its 200 day simple moving average is $12.52. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.47 and a current ratio of 0.69.

Reckitt Benckiser Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 5th. Investors of record on Friday, April 11th will be paid a $0.2909 dividend. This is a positive change from Reckitt Benckiser Group’s previous dividend of $0.19. The ex-dividend date of this dividend is Friday, April 11th.

Reckitt Benckiser Group Company Profile

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.