Reckitt Benckiser Group Plc 7.4% Potential Decrease Indicated by Goldman Sachs

Broker Ratings
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Reckitt Benckiser Group Plc using EPIC/TICKER code (LON:RB) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. Goldman Sachs have set a target price of 6510 GBX on its stock. This now indicates the analyst believes there is a potential downside of -7.4% from today’s opening price of 7028 GBX. Over the last 30 and 90 trading days the company share price has decreased 162 points and increased 1332 points respectively. The 52 week high for the stock is 7246 GBX while the year low stock price is currently 5130 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,835.46 GBX and a 200 Day Moving Average share price is recorded at 6,329.09. There are currently 711,003,535 shares in issue with the average daily volume traded being 1,454,283. Market capitalisation for LON:RB is £49,926,672,792 GBP.

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