Reckitt Benckiser Group plc (OTCMKTS:RBGLY) Given Consensus Recommendation of “Buy” by Analysts

Reckitt Benckiser Group plc (OTCMKTS:RBGLY) has been given a consensus recommendation of “Buy” by the eight ratings firms that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and three have given a strong buy rating to the company.

Several equities research analysts have issued reports on RBGLY shares. Barclays downgraded shares of Reckitt Benckiser Group from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, February 4th. Hsbc Global Res raised shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 11th. HSBC raised shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Finally, Royal Bank of Canada reissued an “outperform” rating on shares of Reckitt Benckiser Group in a research report on Friday, March 7th.

Reckitt Benckiser Group Stock Down 0.4 %

RBGLY opened at $13.45 on Monday. The company has a current ratio of 0.69, a quick ratio of 0.47 and a debt-to-equity ratio of 0.97. Reckitt Benckiser Group has a 52-week low of $10.24 and a 52-week high of $14.10. The company has a 50 day moving average of $13.12 and a two-hundred day moving average of $12.54.

Reckitt Benckiser Group Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, June 5th. Investors of record on Friday, April 11th will be issued a $0.2909 dividend. The ex-dividend date of this dividend is Friday, April 11th. This is a boost from Reckitt Benckiser Group’s previous dividend of $0.19.

Reckitt Benckiser Group Company Profile

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.