Rentokil Initial plc 2.4% Potential Upside Indicated by Barclays Capital

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’ today by analysts at Barclays Capital. Rentokil Initial plc are listed in the Industrials sector within UK Main Market. Barclays Capital have set their target price at 573 GBX on its stock. This indicates the analyst now believes there is a potential upside of 2.4% from the opening price of 559.8 GBX. Over the last 30 and 90 trading days the company share price has increased 46 points and increased 97.1 points respectively. The 1 year high share price is 578 GBX while the year low share price is currently 289.2 GBX.

Rentokil Initial plc has a 50 day moving average of 521.20 GBX and a 200 Day Moving Average share price is recorded at 474.69. There are currently 1,854,332,965 shares in issue with the average daily volume traded being 3,550,980. Market capitalisation for LON:RTO is £10,117,240,204 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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