Rentokil Initial plc with ticker (LON:RTO) now has a potential upside of 29.6% according to Berenberg Bank.
Berenberg Bank set a target price of 640 GBX for the company, which when compared to the Rentokil Initial plc share price of 451 GBX at opening today (09/03/2022) indicates a potential upside of 29.6%. Trading has ranged between 444 (52 week low) and 662 (52 week high) with an average of 5,611,764 shares exchanging hands daily. The market capitalisation at the time of writing is £8,536,193,325.
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people. Its core services are :Pest Control and Hygiene and offer a range of smaller specialist services including Plants, Property Care and Workwear. It is a multi-local business operating in approximately 83 countries. The Company offers a range of pest control services from rodents to flying and crawling insects, to other forms of wildlife management. Initial Hygiene is the Company’s hygiene services business. Workwear provides workwear in Europe. The Company also provides a range of other specialist services, including plants, medical services, property care and specialist hygiene.
Rentokil Initial plc 29.6% potential upside indicated by Berenberg Bank
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- Written by: Charlotte Edwards
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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.
