Rentokil Initial Sees 48% Upside Potential According to Royal Bank of Canada
Royal Bank of Canada reaffirmed its 'outperform' rating for Rentokil Initial (LON:RTO) in a report released on Friday, citing a potential upside of 48.15% from the stock's current price.
The firm set a GBX 480 price target on the company, which is higher than several other analyst estimates.
Other equities research analysts have also weighed in on Rentokil Initial, with JPMorgan Chase & Co. decreasing its price objective to GBX 431 and Jefferies Financial Group reiterating a 'buy' rating with a GBX 550 price target.
The consensus rating among analysts is currently 'Moderate Buy', based on data from MarketBeat.com.