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Reckitt Benckiser Group Plc 20.5% Potential Upside Indicated by Deutsche Bank

Reckitt Benckiser Group Plc with EPIC/TICKER (LON:RB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. Deutsche Bank have set their target price at 8500 GBX on its stock. This would imply the analyst believes there is now a potential upside of 20.5% from the opening price of 7056 GBX. Over the last 30 and 90 trading days the company share price has increased 23 points and decreased 684 points respectively. The 52 week high share price is 8110.43 GBX while the year low share price is currently 6496 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 7,159.14 GBX and the 200 Day Moving Average price is recorded at 7,375.18. There are currently 703,565,867 shares in issue with the average daily volume traded being 969,443. Market capitalisation for LON:RB is £50,065,747,096 GBP.

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