Reckitt Benckiser Group (OTCMKTS:RBGLY) Upgraded at Hsbc Global Res

Hsbc Global Res upgraded shares of Reckitt Benckiser Group (OTCMKTS:RBGLY) from a hold rating to a strong-buy rating in a research note released on Wednesday morning,Zacks.com reports.

A number of other equities analysts also recently weighed in on the stock. JPMorgan Chase & Co. downgraded shares of Reckitt Benckiser Group from an “overweight” rating to a “neutral” rating in a report on Thursday, August 29th. HSBC upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a report on Wednesday. Citigroup raised shares of Reckitt Benckiser Group to a “strong-buy” rating in a research report on Tuesday, October 1st. Barclays raised shares of Reckitt Benckiser Group to a “strong-buy” rating in a research report on Friday, October 4th. Finally, UBS Group raised shares of Reckitt Benckiser Group to a “strong-buy” rating in a research report on Wednesday, September 18th. Three analysts have rated the stock with a hold rating, one has issued a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy”.

Reckitt Benckiser Group Stock Up 0.2 %

OTCMKTS RBGLY opened at $12.26 on Wednesday. The company has a current ratio of 0.69, a quick ratio of 0.47 and a debt-to-equity ratio of 0.97. Reckitt Benckiser Group has a 12-month low of $10.24 and a 12-month high of $15.03. The firm’s 50 day moving average is $12.33 and its 200-day moving average is $11.73.

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.