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

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

Several equities research analysts have issued reports on the stock. Barclays upgraded shares of Reckitt Benckiser Group to a “strong-buy” rating in a research note on Friday, October 4th. JPMorgan Chase & Co. downgraded shares of Reckitt Benckiser Group from an “overweight” rating to a “neutral” rating in a research report on Thursday, August 29th. Sanford C. Bernstein lowered Reckitt Benckiser Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th. Citigroup upgraded shares of Reckitt Benckiser Group to a “strong-buy” rating in a research note on Tuesday, October 1st. Finally, UBS Group raised Reckitt Benckiser Group to a “strong-buy” rating in a report on Wednesday, September 18th.

Reckitt Benckiser Group Stock Performance

Shares of OTCMKTS RBGLY opened at $12.13 on Friday. 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 has a 1 year low of $10.24 and a 1 year high of $15.03. The firm’s 50 day moving average price is $12.33 and its 200 day moving average price is $11.72.

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.