Rentokil Initial plc 7.3% Potential Upside Indicated by HSBC

Broker Ratings
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Rentokil Initial plc using EPIC/TICKER code (LON:RTO) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ today by analysts at HSBC. Rentokil Initial plc are listed in the Industrials sector within UK Main Market. HSBC have set their target price at 390 GBX on its stock. This is indicating the analyst believes there is a potential upside of 7.3% from today’s opening price of 363.3 GBX. Over the last 30 and 90 trading days the company share price has decreased 140.7 points and decreased 95.3 points respectively. The 1 year high for the share price is 535.2 GBX while the year low share price is currently 298.2 GBX.

Rentokil Initial plc has a 50 day moving average of 482.18 GBX and the 200 Day Moving Average price is recorded at 452.83. There are currently 1,854,332,965 shares in issue with the average daily volume traded being 8,027,541. Market capitalisation for LON:RTO is £6,875,866,407 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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