Reckitt Benckiser Group PLC (OTCMKTS:RBGLY - Get Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as $15.14 and last traded at $15.07, with a volume of 140203 shares traded. The stock had previously closed at $13.86.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein raised Reckitt Benckiser Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, June 5th. Two investment 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. According to data from MarketBeat.com, the stock has an average rating of "Buy".
Read Our Latest Analysis on RBGLY
Reckitt Benckiser Group Stock Up 8.8%
The firm has a 50 day moving average price of $13.67 and a 200-day moving average price of $13.24. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.39 and a current ratio of 0.58.
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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