Reckitt Benckiser Group Plc 18.8% Potential Decrease Indicated by RBC Capital Markets

Broker Ratings
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Reckitt Benckiser Group Plc with EPIC/TICKER (LON:RB) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at RBC Capital Markets. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. RBC Capital Markets have set their target price at 6400 GBX on its stock. This would imply the analyst believes there is a potential downside of -18.8% from the opening price of 7880 GBX. Over the last 30 and 90 trading days the company share price has increased 460 points and increased 1260 points respectively. The 1 year high for the share price is 8020 GBX while the year low share price is currently 5130 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 7,388.75 GBX and a 200 day moving average of 6,533.21. There are currently 711,104,146 shares in issue with the average daily volume traded being 1,050,564. Market capitalisation for LON:RB is £56,305,222,638 GBP.

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