Reckitt Benckiser Group Plc 11.2% Potential Decrease Indicated by Societe Generale

Broker Ratings
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Reckitt Benckiser Group Plc with EPIC/TICKER (LON:RB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ this morning by analysts at Societe Generale. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. Societe Generale have set their target price at 5300 GBX on its stock. This indicates the analyst believes there is a potential downside of -11.2% from the opening price of 5969 GBX. Over the last 30 and 90 trading days the company share price has increased 162 points and decreased 262 points respectively. The 52 week high for the share price is currently at 6778 GBX while the 52 week low is 5510 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,115.24 GBX and a 200 day moving average of 6,267.46. There are currently 709,415,801 shares in issue with the average daily volume traded being 1,285,213. Market capitalisation for LON:RB is £43,160,857,272 GBP.

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