Rentokil Initial reports more stable North America performance
18th Apr 2024 07:10
(Sharecast News) - Rentokil Initial reported revenue of £1.27bn in a first quarter update on Thursday, making for a 0.9% increase at actual exchange rates, while at constant exchange rates, revenue advanced 4.9% to £1.29b.
Read moreLondon close: Stocks manage gains ahead of US payrolls report
4th Apr 2024 15:58
(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.
Read moreRBC Capital Markets lifts Rentokil price target
12th Mar 2024 08:16
(Sharecast News) - RBC Capital Markets upped its price target on Rentokil on Tuesday to 590p from 575p and maintained its 'outperform' rating.
Read moreLondon close: Stocks finish firmer as US jobless claims rise
7th Mar 2024 15:29
(Sharecast News) - London markets closed with modest gains on Thursday, after higher-than-expected jobless claims figures from the US, and a flurry of corporate news in the UK.
Read moreRentokil profits boosted by Terminix
7th Mar 2024 07:24
(Sharecast News) - Rentokil reported a rise in full-year profit and revenue on Thursday as it benefited from the acquisition of Terminix in the US.
Read moreRentokil offers "extremely good value", says RBC
27th Feb 2024 09:40
(Sharecast News) - RBC Capital Markets has reiterated an 'outperform' rating and 575p target price for Rentokil Initial ahead of the pest control group's full-year results next week.
Read moreJefferies sees upside at Rentokil after recent share-price plunge
9th Jan 2024 10:22
(Sharecast News) - Jefferies has trimmed its target price for Rentokil Initial but still sees upside following the sharp fall in the stock over the past few months, saying it still sees a "favourable risk-reward despite near-term uncertainty".
Read moreLondon close: Stocks fall amid rising geopolitical concerns
3rd Jan 2024 17:48
(Sharecast News) - London stocks closed lower on Wednesday - the 40th anniversary of the FTSE 100's launch - as sentiment remained cautious due to increasing tensions in the Middle East.
Read moreRBC Capital cuts Rentokil price target
3rd Jan 2024 07:31
(Sharecast News) - RBC Capital Markets cut its price target on Rentokil Initial on Wednesday to 575p from 610p as it downgraded forecasts for forex and a greater back-end loading of TMX synergies, but said it believes the long-term story remains intact.
Read moreRentokil Initial names new North America CEO
1st Dec 2023 07:22
(Sharecast News) - Rentokil Initial named Brad Paulsen as the new chief executive officer of the North America region on Friday.
Read moreRentokil sees US performance 'marginally below' previous expectations
19th Oct 2023 08:23
(Sharecast News) - Services group Rentokil Initial said on Thursday that its full-year performance in North America was set to be 'marginally below' its previous expectations, citing "near-term market uncertainty".
Read moreLondon close: Stocks manage solid finish after US payrolls surge
6th Oct 2023 15:36
(Sharecast News) - London stocks managed an uplifting performance on Friday, buoyed by optimistic economic data from the United States and a wave of speculative trading focussed on Aviva.
Read moreRentokil H1 profits soar on strong revenue
27th Jul 2023 09:28
(Sharecast News) - Rentokil posted a rise in interim profits on Thursday, driven by revenue growth across all regions.
Read moreJefferies ups Rentokil price target, stays at 'buy'
17th May 2023 13:12
(Sharecast News) - Jefferies upped its price target on Rentokil Initial on Wednesday to 740p from 640p after it hosted the company's management at its 'Key Drivers Conference' this week.
Read moreBroker tips: Oxford Instruments, Rentokil
17th May 2023 08:19
(Sharecast News) - HSBC initiated coverage of Oxford Instruments on Wednesday with a 'hold' rating and 2,900p price target as it said it is an undisputed expert in its field but that a strong share price performance since March 2020 might be stalled by export restrictions and change at the helm.
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