Reckitt Benckiser Group (OTCMKTS:RBGLY) Lowered to Strong Sell Rating by Zacks Research

Reckitt Benckiser Group (OTCMKTS:RBGLY – Get Free Report) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Thursday,Zacks.com reports.

RBGLY has been the topic of a number of other reports. Kepler Capital Markets raised shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Reckitt Benckiser Group in a research note on Tuesday, June 30th. Finally, Jefferies Financial Group upgraded shares of Reckitt Benckiser Group from a “hold” rating to a “buy” rating in a report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Reckitt Benckiser Group currently has an average rating of “Moderate Buy”.

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Reckitt Benckiser Group Stock Performance

OTCMKTS:RBGLY opened at $14.05 on Thursday. The company has a 50 day simple moving average of $13.07 and a two-hundred day simple moving average of $14.28. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.85 and a quick ratio of 0.63. Reckitt Benckiser Group has a fifty-two week low of $12.02 and a fifty-two week high of $17.80.

Reckitt Benckiser Group Company Profile

(Get Free Report)

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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