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Condoms are strong for Reckitt Benckiser

By Chris Bailey of Financial Orbit | Wednesday 24 February 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Back in October here I wrote positively about the health and hygiene giant Reckitt Benckiser (RB.), noting that an £80+ share price target was not crazy. Back then the shares were just over £70 each but today they are about sixty quid. So what has gone on and has the story changed or not?

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