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Reckitt Benckiser Group plc (OTCMKTS:RBGLY) Receives Average Rating of "Buy" from Brokerages


Reckitt Benckiser Group plc (OTCMKTS:RBGLY) Receives Average Rating of "Buy" from Brokerages

Reckitt Benckiser Group plc (OTCMKTS:RBGLY - Get Free Report) has been given a consensus recommendation of "Buy" by the seven brokerages that are covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, one has given a buy rating and three have assigned a strong buy rating to the company.

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

View Our Latest Analysis on Reckitt Benckiser Group

Reckitt Benckiser Group stock opened at $13.46 on Thursday. The company's 50-day moving average price is $12.50 and its 200-day moving average price is $12.18. Reckitt Benckiser Group has a twelve month low of $10.24 and a twelve month high of $15.03. 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 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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