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Rentokil Initial plc 33.2% Potential Decrease Indicated by JP Morgan Cazenove

Rentokil Initial plc with EPIC/TICKER (LON:RTO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at JP Morgan Cazenove. Rentokil Initial plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 211 GBX on its stock. This is indicating the analyst believes there is a potential downside of -33.2% from today’s opening price of 315.7 GBX. Over the last 30 and 90 trading days the company share price has increased 21.1 points and increased 38.8 points respectively. The 52 week high for the stock is 318.4 GBX while the 52 week low is 204.5 GBX.

Rentokil Initial plc has a 50 day moving average of 301.46 GBX and a 200 day moving average of 268.35. There are currently 1,837,333,121 shares in issue with the average daily volume traded being 3,293,844. Market capitalisation for LON:RTO is £5,837,207,550 GBP.

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