Rentokil Initial plc 3% Potential Upside Indicated by Barclays Capital

Broker Ratings
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Rentokil Initial plc with EPIC/TICKER (LON:RTO) 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 a target price of 505 GBX on its stock. This would imply the analyst believes there is now a potential upside of 3.0% from today’s opening price of 490.5 GBX. Over the last 30 and 90 trading days the company share price has increased 14.9 points and increased 46.5 points respectively. The 52 week high share price is 512.2 GBX while the 52 week low for the share price is 327.9 GBX.

Rentokil Initial plc has a 50 day moving average of 479.14 GBX and the 200 Day Moving Average price is recorded at 445.75. There are currently 1,849,332,965 shares in issue with the average daily volume traded being 4,218,340. Market capitalisation for LON:RTO is £9,409,405,900 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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