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

Shares of Reckitt Benckiser Group plc (OTCMKTS:RBGLY) have been assigned a consensus rating of “Buy” from the eight research firms that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and four have given a strong buy recommendation to the company.

Several research analysts recently issued reports on the company. HSBC upgraded Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Citigroup raised Reckitt Benckiser Group to a “strong-buy” rating in a research note on Tuesday, October 1st. UBS Group upgraded shares of Reckitt Benckiser Group to a “strong-buy” rating in a report on Wednesday, September 18th. Sanford C. Bernstein lowered shares of Reckitt Benckiser Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th. Finally, Barclays raised shares of Reckitt Benckiser Group to a “strong-buy” rating in a research note on Friday, October 4th.

Reckitt Benckiser Group Price Performance

OTCMKTS:RBGLY opened at $12.02 on Wednesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.47 and a current ratio of 0.69. The firm has a 50-day moving average price of $12.29 and a two-hundred day moving average price of $11.80. Reckitt Benckiser Group has a twelve month low of $10.24 and a twelve month high of $15.03.

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.