Reckitt Benckiser Group Plc 6.7% Potential Upside Indicated by Berenberg

Broker Ratings
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Reckitt Benckiser Group Plc using EPIC/TICKER code (LON:RB) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. Berenberg have set their target price at 8000 GBX on its stock. This would imply the analyst believes there is now a potential upside of 6.7% from today’s opening price of 7496 GBX. Over the last 30 and 90 trading days the company share price has increased 526 points and increased 1256 points respectively. The 1 year high share price is 7660 GBX while the 52 week low is 5130 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 7,162.81 GBX and the 200 Day Moving Average price is recorded at 6,420.49. There are currently 711,104,146 shares in issue with the average daily volume traded being 1,364,998. Market capitalisation for LON:RB is £54,371,019,486 GBP.

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