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Reckitt Benckiser Group Plc 21.5% Potential Upside Indicated by Citigroup

Reckitt Benckiser Group Plc using EPIC/TICKER code (LON:RB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Citigroup. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. Citigroup have set a target price of 7900 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 21.5% from today’s opening price of 6500 GBX. Over the last 30 and 90 trading days the company share price has decreased 300 points and decreased 43 points respectively. The 52 week high for the share price is currently at 8110.43 GBX while the 52 week low is 6299 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,783.11 GBX and a 200 Day Moving Average share price is recorded at 7,182.76. There are currently 703,804,557 shares in issue with the average daily volume traded being 1,085,218. Market capitalisation for LON:RB is £45,557,268,975 GBP.