Rentokil Initial plc 19.8% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Rentokil Initial plc using EPIC/TICKER code (LON:RTO) had its stock rating noted as ‘Downgrades’ 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 their target price at 420 GBX on its stock. This is indicating the analyst believes there is a potential upside of 19.8% from the opening price of 350.5 GBX. Over the last 30 and 90 trading days the company share price has increased 21.5 points and increased 56.3 points respectively. The 1 year high for the stock price is 358.1 GBX while the 52 week low for the stock is 257.4 GBX.

Rentokil Initial plc has a 50 day moving average of 333.59 GBX and the 200 Day Moving Average price is recorded at 330.51. There are currently 1,843,332,965 shares in issue with the average daily volume traded being 5,192,253. Market capitalisation for LON:RTO is £6,521,711,805 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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