Reckitt Benckiser Group Plc 8.5% 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 ‘Upgrades’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Credit Suisse. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. Credit Suisse have set their target price at 5900 GBX on its stock. This would imply the analyst believes there is a potential downside of -8.5% from the opening price of 6450 GBX. Over the last 30 and 90 trading days the company share price has increased 1150 points and increased 215 points respectively. The 52 week high for the stock is 6744 GBX while the year low stock price is currently 5130 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,221.07 GBX and the 200 Day Moving Average price is recorded at 6,223.90. There are currently 709,920,906 shares in issue with the average daily volume traded being 2,888,836. Market capitalisation for LON:RB is £44,927,764,196 GBP.

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