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

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

Several analysts recently commented on RBGLY shares. HSBC upgraded Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Barclays raised shares of Reckitt Benckiser Group to a “strong-buy” rating in a research note on Friday, October 4th. Citigroup raised Reckitt Benckiser Group to a “strong-buy” rating in a report on Tuesday, October 1st. UBS Group raised Reckitt Benckiser Group to a “strong-buy” rating in a research note on Wednesday, September 18th. Finally, Hsbc Global Res raised Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 11th.

Reckitt Benckiser Group Stock Performance

OTCMKTS RBGLY opened at $12.05 on Wednesday. The company has a 50-day moving average price of $12.25 and a two-hundred day moving average price of $11.82. 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 52 week low of $10.24 and a 52 week high of $15.03.

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.