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Reckitt Benckiser Group Plc 40.6% Potential Upside Indicated by JP Morgan Cazenove

Reckitt Benckiser Group Plc using EPIC/TICKER code (LON:RB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. JP Morgan Cazenove have set a target price of 8500 GBX on its stock. This now indicates the analyst believes there is a possible upside of 40.6% from today’s opening price of 6047 GBX. Over the last 30 and 90 trading days the company share price has increased 153 points and decreased 455 points respectively. The 1 year high stock price is 6744 GBX while the 52 week low for the stock is 5510 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,092.21 GBX and the 200 Day Moving Average price is recorded at 6,267.64. There are currently 709,521,740 shares in issue with the average daily volume traded being 1,233,749. Market capitalisation for LON:RB is £41,756,208,102 GBP.