The Reckitt Benckiser Group PLC (RBGLY) Rating Increased to Hold at The Zacks Investment Research

The Reckitt Benckiser Group PLC (RBGLY) Rating Increased to Hold at The Zacks Investment Research

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Thursday.

According to Zacks, “Reckitt Benckiser Group Plc engages in manufacturing and distributing household, toiletry, pharmaceutical and food products. The company offers antiseptic liquids, depilatory products, medicated sore throat products, condoms, cold/flu products, acne treatment products, analgesics and upper gastro-intestinal products, foot care and comfort footwear products, denture care and dry skin care products, fabric care products, surface care products and polishes/waxes. Reckitt Benckiser Group is based in Slough, the United Kingdom. “

Several other research firms have also weighed in on RBGLY. Citigroup Inc. started coverage on Reckitt Benckiser Group PLC in a research report on Thursday, September 1st. They issued a “buy” rating for the company. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Reckitt Benckiser Group PLC in a research report on Thursday, September 22nd. BNP Paribas lowered Reckitt Benckiser Group PLC from an “outperform” rating to a “neutral” rating in a research report on Wednesday, September 7th. Finally, Credit Suisse Group AG lowered their price objective on Reckitt Benckiser Group PLC from $6,500.00 to $6,100.00 and set an “outperform” rating for the company in a research report on Thursday, August 25th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $3,061.50.

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) opened at 17.06 on Thursday. The company’s 50-day moving average price is $0.00 and its 200 day moving average price is $0.00. Reckitt Benckiser Group PLC has a 12 month low of $16.90 and a 12 month high of $20.70.

Reckitt Benckiser Group PLC Company Profile

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