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Reckitt Benckiser Group Plc 24.2% Potential Upside Indicated by Berenberg

Reckitt Benckiser Group Plc using EPIC/TICKER code (LON:RB) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. Berenberg have set their target price at 7420 GBX on its stock. This would imply the analyst believes there is now a potential upside of 24.2% from the opening price of 5976 GBX. Over the last 30 and 90 trading days the company share price has decreased 244 points and decreased 700 points respectively. The 1 year high stock price is 6862 GBX while the year low stock price is currently 5559 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,319.56 GBX and a 200 Day Moving Average share price is recorded at 6,275.84. There are currently 709,407,345 shares in issue with the average daily volume traded being 1,472,621. Market capitalisation for LON:RB is £42,564,444,000 GBP.