Rentokil Initial plc 14.6% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Rentokil Initial plc using EPIC/TICKER code (LON:RTO) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Goldman Sachs. Rentokil Initial plc are listed in the Industrials sector within UK Main Market. Goldman Sachs have set a target price of 400 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 14.6% from the opening price of 349.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 4.8 points and increased 17.5 points respectively. The 52 week high for the stock is 361.2 GBX while the 52 week low for the stock is 261.9 GBX.

Rentokil Initial plc has a 50 day moving average of 350.17 GBX and a 200 day moving average of 336.32. There are currently 1,849,332,965 shares in issue with the average daily volume traded being 5,811,017. Market capitalisation for LON:RTO is £6,450,473,156 GBP.

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    Rentokil Initial (LON: RTO) announces Paul Edgecliffe-Johnson as new CFO, succeeding Stuart Ingall-Tombs, effective January 1, 2025.
    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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