Rentokil Initial plc 23.9% potential upside indicated by RBC Capital Markets

Rentokil Initial plc with ticker (LON:RTO) now has a potential upside of 23.9% according to RBC Capital Markets.

RTO.L

RBC Capital Markets set a target price of 590 GBX for the company, which when compared to the Rentokil Initial plc share price of 476 GBX at opening today (01/07/2024) indicates a potential upside of 23.9%. Trading has ranged between 388 (52 week low) and 664 (52 week high) with an average of 9,813,891 shares exchanging hands daily. The market capitalisation at the time of writing is £11,757,625,943.

Rentokil Initial plc is a United Kingdom-based company, which is engaged in pest control and hygiene and wellbeing services. The Company operates in North America, Europe, the United Kingdom, the Rest of World, Asia, and the Pacific. The Company is a commercial pest control company providing risk mitigation, reassurance and responsiveness to customers. It offers a complete range of pest control services, from rodents to flying and crawling insects, to other forms of wildlife management. It offers a range of hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers and floor protection mats. Its connected devices, PestConnect, help to provide customers with a complete pest detection solution and full traceability. Its PestConnect is a remote monitoring system for rodents.