Reckitt Benckiser Group PLC (RBGLY) Given Average Rating of “Hold” by Brokerages

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has received a consensus recommendation of “Hold” from the thirteen ratings firms that are covering the stock. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $6,100.00.

Several equities analysts recently weighed in on the stock. RBC Capital Markets lowered shares of Reckitt Benckiser Group PLC from a “sector perform” rating to an “underperform” rating in a report on Monday, February 6th. Royal Bank Of Canada downgraded shares of Reckitt Benckiser Group PLC from a “sector perform” rating to an “underperform” rating in a research note on Monday, February 6th. Zacks Investment Research downgraded shares of Reckitt Benckiser Group PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, October 25th. J P Morgan Chase & Co reaffirmed a “neutral” rating on shares of Reckitt Benckiser Group PLC in a research note on Tuesday, January 31st. Finally, Berenberg Bank raised shares of Reckitt Benckiser Group PLC from a “hold” rating to a “buy” rating in a research note on Wednesday, January 25th.

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) opened at 17.31 on Wednesday. The firm has a market cap of $60.79 billion, a price-to-earnings ratio of 27.06 and a beta of 0.85. Reckitt Benckiser Group PLC has a 52 week low of $16.36 and a 52 week high of $20.70. The firm’s 50 day moving average is $17.25 and its 200-day moving average is $18.11.

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About Reckitt Benckiser Group PLC

Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA, DvM and Food. The ENA segment consists of Europe, Russia/Commonwealth of Independent States (CIS), Israel, North America, Australia and New Zealand. The DvM segment consists of North Africa, Middle East (excluding Israel) and Turkey, Africa, South Asia, North Asia, Latin America, Japan, Korea and the Association of Southeast Asian Nations (ASEAN).

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