Rentokil Initial plc 1.6% Potential Upside Indicated by JP Morgan Cazenove

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 ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Rentokil Initial plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 415 GBX on its stock. This now indicates the analyst believes there is a possible upside of 1.6% from the opening price of 408.6 GBX. Over the last 30 and 90 trading days the company share price has increased 11.3 points and increased 16.8 points respectively. The 1 year high share price is 429.4 GBX while the year low stock price is currently 280 GBX.

Rentokil Initial plc has a 50 day moving average of 399.60 GBX and a 200 Day Moving Average share price is recorded at 359.96. There are currently 1,849,332,965 shares in issue with the average daily volume traded being 5,377,975. Market capitalisation for LON:RTO is £7,667,334,585 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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