Rentokil Initial plc 5.6% potential upside indicated by HSBC

Rentokil Initial plc with ticker (LON:RTO) now has a potential upside of 5.6% according to HSBC.



HSBC set a target price of 665 GBX for the company, which when compared to the Rentokil Initial plc share price of 630 GBX at opening today (26/05/2023) indicates a potential upside of 5.6%. Trading has ranged between 441 (52 week low) and 654 (52 week high) with an average of 5,290,114 shares exchanging hands daily. The market capitalisation at the time of writing is £15,876,245,700.

Rentokil Initial plc is a commercial pest control company. The Company focuses on offering route-based services, in pest control and hygiene as well as a range of other smaller specialist services, including plants, medical services, property care and specialist hygiene. It offers products and services into three business categories: pest control, hygiene and wellbeing and France workwear. The Company offers a range of pest control services from rodents to flying and crawling insects, to other forms of wildlife management. It offers various 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, and toilet paper dispensers. Its France Workwear business specializes in the supply and laundering of workwear, uniforms, cleanroom garments and personal protective wear to customers in hotels, restaurants and catering (HORECA) across France.