According to Bloomberg.com, the eight research firms currently covering Reckitt Benckiser Group plc (OTCMKTS: RBGLY) have collectively given the company a rating of Hold to reflect their opinion on the company’s prospects. This rating was given to the company to reflect its opinion on its prospects. The stock has received a total of eight buy ratings, four hold ratings, and two sell ratings from investment industry professionals. The stock has a one-year average price target of $8,750.00 among brokers who have covered the stock over the past year. This course target is valid for one year.
RBGLY has received comments on the findings from a variety of research firms. UBS Group increased its target price on Reckitt Benckiser Group from GBX8,400 (US$101.50) to GBX8,700 (US$105.12) in a study published Thursday, July 28, taking the overall price to 101. brings $50. Berenberg Bank increased its previously set price target on Reckitt Benckiser Group to GBX 8,050 ($97.27) from GBX 7,375 ($89.11). This information was released on Friday July 29th. In addition, Reckitt Benckiser Group was upgraded from an underperform rating to a market perform rating in a research note issued by Sanford C. Bernstein on Thursday, July 28. Most recently, Barclays increased its price target on Reckitt Benckiser Group to GBX 9,500 ($114.79) from GBX 8,600 ($103.91) in a research note published on Thursday, July 28.
RBGLY shares sold for the first time in the market on Friday at $13.23. Reckitt Benckiser Group price predictions for the next 52 weeks range from $13.09 to $17.90 per share. The company has a debt to equity ratio of 0.95, a current ratio of 0.62 and a quick ratio of 0.44. The moving averages for the company over the last 50 and 200 days are $15.49 and $15.53, respectively. The ratio of the company’s current assets to its current liabilities is 0.62 and the quick ratio is 0.44.
The company previously declared a dividend, which was paid after it was announced on September 21. On Monday, August 8th, dividends of $0.1596 per share were paid to shareholders who previously consented to having their personally identifiable information included in the minutes. As a direct result, the dividend yield at the end of the day is 2.45%. On Friday August 5th shareholders did not receive a portion of this dividend as it was paid on that date.
Reckitt Benckiser Group plc is a British company that manufactures products related to nutrition, hygiene and health. These items are bought and then resold in various countries including the United Kingdom, United States of America, China and India. Acne treatment creams, facial cleansers and cleansing pads are all sold by the company under different brand names. These brand names include Clearasil, Dettol, Durex, Gaviscon, and Mucinex. In addition, it offers medicines to treat cough, congestion, multiple symptoms and sinus problems for adults and children. You can also buy condoms, lube, heartburn and indigestion medication, sex toys, and other things related to sexual activity.