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Reckitt Benckiser Group (OTCMKTS:RBGLY) Reaches New 12-Month High - Still a Buy?

Reckitt Benckiser Group logo with Consumer Staples background

Shares of Reckitt Benckiser Group plc (OTCMKTS:RBGLY - Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as $14.15 and last traded at $14.14, with a volume of 162324 shares. The stock had previously closed at $14.00.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on RBGLY shares. Royal Bank of Canada reaffirmed an "outperform" rating on shares of Reckitt Benckiser Group in a report on Friday, March 7th. Sanford C. Bernstein raised shares of Reckitt Benckiser Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, June 5th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and four have issued a strong buy rating to the company's stock. According to MarketBeat, Reckitt Benckiser Group currently has a consensus rating of "Buy".

View Our Latest Research Report on Reckitt Benckiser Group

Reckitt Benckiser Group Trading Down 1.8%

The company has a debt-to-equity ratio of 0.97, a current ratio of 0.69 and a quick ratio of 0.47. The firm's 50-day simple moving average is $13.18 and its 200 day simple moving average is $12.93.

About Reckitt Benckiser Group

(Get Free Report)

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.

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