Reckitt Benckiser Group Plc 20% Potential Decrease Indicated by RBC Capital Markets

Broker Ratings

Reckitt Benckiser Group Plc using EPIC/TICKER code (LON:RB) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at RBC Capital Markets. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. RBC Capital Markets have set a target price of 6300 GBX on its stock. This now indicates the analyst believes there is a potential downside of -20.0% from the opening price of 7872 GBX. Over the last 30 and 90 trading days the company share price has increased 744 points and increased 1292 points respectively. The 1 year high share price is 8005.27 GBX while the 52 week low is 5130 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 7,349.37 GBX and the 200 Day Moving Average price is recorded at 6,504.25. There are currently 711,104,146 shares in issue with the average daily volume traded being 1,051,010. Market capitalisation for LON:RB is £55,423,453,554 GBP.

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