Zacks Investment Research upgraded shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) from a sell rating to a hold rating in a research note published on Thursday 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. “

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

Shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) opened at 16.95 on Thursday. The firm has a 50-day moving average of $17.92 and a 200-day moving average of $19.32. Reckitt Benckiser Group PLC has a 12-month low of $16.90 and a 12-month high of $20.70. The company has a market cap of $59.76 billion, a P/E ratio of 32.07 and a beta of 0.92.

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About Reckitt Benckiser Group PLC

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).

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