Zacks Investment Research downgraded shares of Reckitt Benckiser Group (OTCMKTS:RBGLY) from a hold rating to a sell rating in a report released on Wednesday morning.
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. “
Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. reissued a buy rating on shares of Reckitt Benckiser Group in a report on Monday, December 18th. Credit Suisse Group reissued a neutral rating on shares of Reckitt Benckiser Group in a report on Tuesday, February 20th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of $21.00.
Shares of Reckitt Benckiser Group (RBGLY) opened at $16.03 on Wednesday. Reckitt Benckiser Group has a 12 month low of $15.80 and a 12 month high of $21.79. The company has a quick ratio of 0.67, a current ratio of 0.86 and a debt-to-equity ratio of 1.94.
ILLEGAL ACTIVITY NOTICE: This report was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another publication, it was copied illegally and republished in violation of US and international trademark and copyright law. The original version of this report can be viewed at https://www.dispatchtribunal.com/2018/03/15/reckitt-benckiser-group-rbgly-lowered-to-sell-at-zacks-investment-research.html.
About Reckitt Benckiser Group
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).
Receive News & Ratings for Reckitt Benckiser Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reckitt Benckiser Group and related companies with MarketBeat.com's FREE daily email newsletter.