Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Shares of Reckitt Benckiser have a consensus rating of “Moderate Buy” from seven brokerages, with four holds, one buy and two strong‑buy recommendations.
• Analysts have been active recently: Morgan Stanley downgraded to equal weight, Barclays upgraded to strong‑buy, RBC cut to sector perform, and Citigroup initiated coverage with a buy.
• The stock opened at $16.67, trading near its 1‑year high ($16.80) with 50‑ and 200‑day SMAs of $16.18 and $15.52 respectively; the company shows a debt‑to‑equity of 1.01 and relatively low liquidity (current ratio 0.56, quick ratio 0.37).

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY - Get Free Report) have received a consensus rating of "Moderate Buy" from the seven brokerages that are covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and two have issued a strong buy recommendation on the company.

Several analysts have commented on RBGLY shares. Morgan Stanley cut shares of Reckitt Benckiser Group from an "overweight" rating to an "equal weight" rating in a research note on Monday, December 15th. Barclays raised Reckitt Benckiser Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 1st. Jefferies Financial Group reiterated a "hold" rating on shares of Reckitt Benckiser Group in a research report on Wednesday, January 7th. Royal Bank Of Canada cut Reckitt Benckiser Group from an "outperform" rating to a "sector perform" rating in a report on Wednesday, January 14th. Finally, Citigroup started coverage on shares of Reckitt Benckiser Group in a report on Wednesday, January 14th. They set a "buy" rating on the stock.

Reckitt Benckiser Group Stock Performance

OTCMKTS:RBGLY opened at $16.67 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.56 and a quick ratio of 0.37. The firm has a 50 day simple moving average of $16.18 and a 200-day simple moving average of $15.52. Reckitt Benckiser Group has a 1-year low of $11.99 and a 1-year high of $16.80.

About Reckitt Benckiser Group

Reckitt Benckiser Group plc is a multinational consumer goods company that develops, manufactures and markets health, hygiene and home products. Its portfolio spans over-the-counter medicines and health products, personal and sexual wellness, surface and laundry cleaning, and household care. The company owns a number of well-known global brands across these categories, including Lysol and Dettol in disinfectants and hygiene, Durex in sexual wellness, Nurofen in analgesics, and Finish in dishwashing products.

The firm has its corporate headquarters in the United Kingdom and sells products in markets around the world, serving consumers across North America, Europe, Asia, Latin America, the Middle East and Africa.

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