Reckitt Benckiser Group Plc 18.5% Potential Upside Indicated by Barclays Capital

Broker Ratings
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Reckitt Benckiser Group Plc using EPIC/TICKER code (LON:RB) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at Barclays Capital. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. Barclays Capital have set their target price at 7500 GBX on its stock. This indicates the analyst now believes there is a potential upside of 18.5% from the opening price of 6328 GBX. Over the last 30 and 90 trading days the company share price has increased 488 points and increased 100 points respectively. The 1 year high for the stock price is 7174 GBX while the 52 week low is 4973.42 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,076.28 GBX and a 200 Day Moving Average share price is recorded at 6,441.12. There are currently 707,642,458 shares in issue with the average daily volume traded being 1,612,867. Market capitalisation for LON:RB is £45,182,967,240 GBP.

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