Reckitt Benckiser Group Plc 25.2% Potential Decrease Indicated by Societe Generale

Broker Ratings

Reckitt Benckiser Group Plc with EPIC/TICKER (LON:RB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Societe Generale. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. Societe Generale have set a target price of 5200 GBX on its stock. This would imply the analyst believes there is a potential downside of -25.2% from today’s opening price of 6956 GBX. Over the last 30 and 90 trading days the company share price has increased 404 points and increased 838 points respectively. The 52 week high for the stock is 7246 GBX while the year low share price is currently 5130 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,695.14 GBX and a 200 Day Moving Average share price is recorded at 6,306.95. There are currently 710,410,882 shares in issue with the average daily volume traded being 1,476,021. Market capitalisation for LON:RB is £50,310,607,660 GBP.

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