Reckitt Benckiser Group Plc 6.3% Potential Decrease Indicated by Credit Suisse

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 ‘UNDERPERFORM’ this morning by analysts at Credit Suisse. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. Credit Suisse have set a target price of 5550 GBX on its stock. This now indicates the analyst believes there is a potential downside of -6.3% from the opening price of 5923 GBX. Over the last 30 and 90 trading days the company share price has decreased 335 points and decreased 35 points respectively. The 52 week high for the stock is 6778 GBX while the year low share price is currently 5510 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,268.53 GBX and a 200 Day Moving Average share price is recorded at 6,270.05. There are currently 709,415,801 shares in issue with the average daily volume traded being 1,510,768. Market capitalisation for LON:RB is £41,927,956,246 GBP.

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