Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Receives Average Recommendation of "Buy" from Brokerages

Key Points

• Reckitt Benckiser Group PLC has received an average recommendation of "Buy" from eight analysts, with a mix of two hold ratings, two buy ratings, and four strong buy ratings.
• The company declared a dividend of $0.2106 to be paid on September 25th, representing a dividend yield of 341.0%.
• Reckitt Benckiser Group's shares opened at $14.99, with a 52-week range between $10.84 and $15.25, and a current debt-to-equity ratio of 1.01.

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY - Get Free Report) have received an average recommendation of "Buy" from the eight analysts that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and four have assigned a strong buy rating to the company.

A number of equities analysts have recently weighed in on RBGLY shares. Royal Bank Of Canada reiterated an "outperform" rating on shares of Reckitt Benckiser Group in a report on Friday, July 25th. Sanford C. Bernstein upgraded Reckitt Benckiser Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, June 5th.

Reckitt Benckiser Group Price Performance

Shares of RBGLY opened at $14.99 on Thursday. The company has a quick ratio of 0.37, a current ratio of 0.56 and a debt-to-equity ratio of 1.01. Reckitt Benckiser Group has a 52-week low of $10.84 and a 52-week high of $15.25. The stock has a fifty day simple moving average of $14.16 and a two-hundred day simple moving average of $13.53.

Reckitt Benckiser Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, September 25th. Investors of record on Monday, August 11th will be paid a $0.2106 dividend. The ex-dividend date is Friday, August 8th. This represents a dividend yield of 341.0%.

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.

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