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Rkt stock forecast in the latest brokerage updates

Model: NS-40F401NA26
SKU: 6614066
$186.00
Comp. Value: $990.000
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In the latest brokerage updates, RKT stock forecast range is set between $12 and $15 over the coming months, contingent on mortgage rate trends. We can see that Reckitt Benckiser Group does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Reckitt Benckiser Group's historic earnings and revenue below, but keep in mind there's always more to the story. Smart Portfolio is supported by our partner TipRanks. By connecting my portfolio to TipRanks Smart Portfolio I agree to their Terms of Use . Traders watching RKT stock forecast note a tight consolidation zone, hinting at a possible breakout on any dovish Fed commentary.