Reckitt Benckiser Group Plc 14.8% Potential Upside Indicated by HSBC

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 ‘BUY’ today by analysts at HSBC. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. HSBC have set their target price at 7000 GBX on its stock. This is indicating the analyst believes there is a potential upside of 14.8% from the opening price of 6096 GBX. Over the last 30 and 90 trading days the company share price has increased 360 points and decreased 24 points respectively. The 52 week high for the stock is 6744 GBX while the 52 week low for the share price is 5130 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,231.55 GBX and the 200 Day Moving Average price is recorded at 6,228.25. There are currently 709,920,906 shares in issue with the average daily volume traded being 3,074,548. Market capitalisation for LON:RB is £43,390,365,408 GBP.

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