Reckitt Benckiser Group PLC (RBGLY) Earns “Neutral” Rating from J P Morgan Chase & Co

J P Morgan Chase & Co reaffirmed their neutral rating on shares of Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) in a report issued on Thursday.

RBGLY has been the subject of several other reports. Zacks Investment Research cut Reckitt Benckiser Group PLC from a strong-buy rating to a sell rating in a report on Wednesday, September 6th. Kepler Capital Markets cut Reckitt Benckiser Group PLC from a buy rating to a hold rating in a report on Wednesday, July 26th. BNP Paribas reaffirmed a neutral rating on shares of Reckitt Benckiser Group PLC in a report on Tuesday, September 5th. Jefferies Group LLC cut Reckitt Benckiser Group PLC from a buy rating to a hold rating in a report on Thursday, July 6th. Finally, Societe Generale reaffirmed a hold rating on shares of Reckitt Benckiser Group PLC in a report on Thursday, June 22nd. Two analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $22.00.

Shares of Reckitt Benckiser Group PLC (OTCMKTS RBGLY) opened at 19.05 on Thursday. The company’s 50 day moving average price is $19.54 and its 200 day moving average price is $19.44. The stock has a market capitalization of $67.00 billion, a PE ratio of 29.08 and a beta of 0.86. Reckitt Benckiser Group PLC has a 12 month low of $16.36 and a 12 month high of $21.55.

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The business also recently declared a None dividend, which will be paid on Thursday, October 5th. Shareholders of record on Friday, August 18th will be given a dividend of $0.163 per share. The ex-dividend date of this dividend is Wednesday, August 16th.

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 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).

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

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