Reckitt Benckiser Group Plc 19.4% 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’ this morning 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 6800 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 19.4% from the opening price of 5696 GBX. Over the last 30 and 90 trading days the company share price has decreased 626 points and decreased 343 points respectively. The 1 year high share price is 6744 GBX while the 52 week low for the stock is 5130 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,234.37 GBX and a 200 Day Moving Average share price is recorded at 6,249.87. There are currently 709,880,144 shares in issue with the average daily volume traded being 2,365,533. Market capitalisation for LON:RB is £41,946,337,290 GBP.

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