Reckitt Benckiser Group Plc 98.8% Potential Decrease Indicated by Barclays Capital

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 ‘OVERWEIGHT’ today by analysts at Barclays Capital. Reckitt Benckiser Group Plc are listed in the Consumer Goods sector within UK Main Market. Barclays Capital have set their target price at 75 GBX on its stock. This now indicates the analyst believes there is a potential downside of -98.8% from today’s opening price of 6280 GBX. Over the last 30 and 90 trading days the company share price has decreased 36 points and decreased 140 points respectively. The 52 week high for the stock is 6862 GBX while the 52 week low for the share price is 5559 GBX.

Reckitt Benckiser Group Plc has a 50 day moving average of 6,330.87 GBX and the 200 Day Moving Average price is recorded at 6,271.12. There are currently 709,407,345 shares in issue with the average daily volume traded being 1,485,148. Market capitalisation for LON:RB is £44,415,997,314 GBP.

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