Reckitt Benckiser Group (OTCMKTS:RBGLY) Downgraded by Zacks Investment Research to Hold

Zacks Investment Research cut shares of Reckitt Benckiser Group (OTCMKTS:RBGLY) from a buy rating to a hold rating in a research note published on Saturday, January 20th.

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. “

Separately, JPMorgan Chase & Co. restated a buy rating on shares of Reckitt Benckiser Group in a report on Monday, December 18th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Reckitt Benckiser Group currently has a consensus rating of Hold and an average price target of $21.00.

Reckitt Benckiser Group (OTCMKTS RBGLY) traded up $0.15 during trading on Friday, hitting $19.20. The company had a trading volume of 210,168 shares, compared to its average volume of 505,254. The company has a current ratio of 0.86, a quick ratio of 0.67 and a debt-to-equity ratio of 1.94. Reckitt Benckiser Group has a one year low of $16.84 and a one year high of $21.79.

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Reckitt Benckiser Group Company Profile

Reckitt Benckiser Group plc is a manufacturer and marketer of health, hygiene and home products. The Company’s segments include ENA and DvM. 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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