Reckitt Benckiser Group plc (OTCMKTS:RBGLY – Get Free Report) has earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $5,400.00.
Separately, JPMorgan Chase & Co. lowered Reckitt Benckiser Group from an “overweight” rating to a “neutral” rating in a research report on Thursday, August 29th.
Check Out Our Latest Stock Report on RBGLY
Reckitt Benckiser Group Price Performance
Reckitt Benckiser Group Cuts Dividend
The business also recently announced a dividend, which will be paid on Monday, September 23rd. Investors of record on Monday, August 5th will be given a dividend of $0.1915 per share. The ex-dividend date is Monday, August 5th.
Reckitt Benckiser Group Company Profile
Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands.
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