Rentokil Initial plc 0.6% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Rentokil Initial plc with EPIC/TICKER (LON:RTO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Rentokil Initial plc are listed in the Industrials sector within UK Main Market. Deutsche Bank have set a target price of 550 GBX on its stock. This indicates the analyst now believes there is a potential upside of .6% from today’s opening price of 546.6 GBX. Over the last 30 and 90 trading days the company share price has increased 54.8 points and increased 100.7 points respectively. The 1 year high for the share price is 562 GBX while the 52 week low for the share price is 289.2 GBX.

Rentokil Initial plc has a 50 day moving average of 514.41 GBX and the 200 Day Moving Average price is recorded at 471.98. There are currently 1,854,332,965 shares in issue with the average daily volume traded being 3,646,173. Market capitalisation for LON:RTO is £10,069,027,999 GBP.

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    Rentokil Initial reports 3.6% revenue growth in Q3 2024, driven by strong European and Asian markets, with North America seeing a 1.4% growth.
    Rentokil Initial (LON:RTO) appoints Brian Baldwin as Non-Executive Director effective 1 October 2024, enhancing board expertise with his extensive investment experience.

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