Kepler Capital Markets Lowers Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) to Hold

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) was downgraded by analysts at Kepler Capital Markets from a “buy” rating to a “hold” rating in a research report issued on Wednesday, Marketbeat reports.

RBGLY has been the subject of several other reports. Zacks Investment Research raised shares of Reckitt Benckiser Group PLC from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a report on Friday, May 5th. J P Morgan Chase & Co reissued a “neutral” rating on shares of Reckitt Benckiser Group PLC in a report on Tuesday, March 28th. Jefferies Group LLC cut shares of Reckitt Benckiser Group PLC from a “buy” rating to a “hold” rating in a report on Thursday, July 6th. Finally, Societe Generale reissued a “hold” rating on shares of Reckitt Benckiser Group PLC in a report on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. Reckitt Benckiser Group PLC currently has a consensus rating of “Hold” and a consensus target price of $3,061.00.

Shares of Reckitt Benckiser Group PLC (RBGLY) opened at 19.76 on Wednesday. The stock has a market capitalization of $69.17 billion, a P/E ratio of 29.38 and a beta of 0.88. Reckitt Benckiser Group PLC has a 12 month low of $16.36 and a 12 month high of $21.29. The firm’s 50-day moving average price is $20.38 and its 200-day moving average price is $19.02.

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Reckitt Benckiser Group PLC Company Profile

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

Analyst Recommendations for Reckitt Benckiser Group PLC (OTCMKTS:RBGLY)




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