Rentokil Initial plc 3.3% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Rentokil Initial plc using EPIC/TICKER code (LON:RTO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. Rentokil Initial plc are listed in the Industrials sector within UK Main Market. Deutsche Bank have set their target price at 390 GBX on its stock. This is indicating the analyst believes there is a potential upside of 3.3% from today’s opening price of 377.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 135.5 points and decreased 76.4 points respectively. The 1 year high share price is 535.2 GBX while the 52 week low for the stock is 289.2 GBX.

Rentokil Initial plc has a 50 day moving average of 469.64 GBX and the 200 Day Moving Average price is recorded at 452.40. There are currently 134,547,139 shares in issue with the average daily volume traded being 9,710,957. Market capitalisation for LON:RTO is £6,746,063,100 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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