Rentokil finally off UBS's 'sell' list
- Rentokil Initial PLC (LSE:RTO) is no longer on UBS's sell list, which has said it is easing up on its negative view of the acquisition of US group Terminix. “We have been Sell-rated on Rentokil throughout the entirety of the Terminix integration, and continue to see risks to achieving mid-term targets as the NA Pest business transitions towards an unproven 'large branch' model.
- 07/01/2024
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RTO or ULS: Which Is the Better Value Stock Right Now?
- Investors interested in Business - Services stocks are likely familiar with Rentokil Initial PLC (RTO) and UL Solutions Inc. (ULS). But which of these two stocks presents investors with the better value opportunity right now?
- 06/19/2024
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Rentokil offers upside potential as US growth accelerates - broker
- Rentokil Initial PLC (LSE:RTO) was one of the top FTSE 100 risers in early trading, up 1.8%, after RBC Capital Markets summed up the situation as the pest control group continues with the integration of Terminix (TMX), its major North American acquisition from late 2022. The shares have been "very volatile", analysts at the London arm of the Canadian bank said, after the company issued a profit warning last autumn due to softer US trading.
- 06/17/2024
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Nelson Peltz's Trian has a stake in Rentokil. Here's how the activist might boost shareholder value
- Activist Trian has amassed a sizable stake in Rentokil, and there are a few options to create value.
- 06/15/2024
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Rentokil Initial: Trian's Investment Adds To Growth Initiative (Rating Upgrade)
- Rentokil Initial's stagnant stock got a 14% fillip from activist investor Nelson Peltz's investment a few days ago. The investment comes at a time when it has a growth plan in place for its important North American market, while it continues integration with Terminix post the 2022 acquisition. Even if it weren't to see any fruits from either Peltz's investment, its growth plan, or integration, however, the stock's forward non-GAAP P/E still isn't bad, indicating the potential upside.
- 06/14/2024
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Rentokil recovery can be accelerated by Peltz interest, suggests US bank
- Rentokil's recovery might be fast-tracked following the appearance on the share register of US billionaire Nelson Peltz, suggest analysts at US bank Jefferies. The bank was already keen on the pest control group due to earnings upside from synergies and the underlying earnings power of the combined Rentokil/Terminix business, improving momentum and material valuation upside as integration risk falls.
- 06/13/2024
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Rentokil Initial share price went parabolic: now what?
- Rentokil Initial (LON: RTO) share price went parabolic on Wednesday as the company entered a new phase as Elliot Management became one of its biggest investors. The stock soared by more than 13% and reached its highest swing since March 15th.
- 06/12/2024
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Activist Investor Nelson Peltz Takes 'Significant Stake' in Rentokil
- American depositary receipts (ADRs) of Rentokil Initial Plc (RTO) skyrocketed Wednesday when activist investor Nelson Peltz's Trian Partners took a large stake in the British pest control firm that also owns the Terminix brand in the U.S. and others.
- 06/12/2024
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Casey's Reports Upbeat Earnings, Joins Avidity Biosciences, Rentokil Initial And Other Big Stocks Moving Higher On Wednesday
- U.S. stocks were higher, with the Nasdaq Composite gaining over 250 points on Wednesday.
- 06/12/2024
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Nelson Peltz's Trian amasses stake in pest control giant Rentokil
- CNBC's Andrew Ross Sorkin reports on the latest news.
- 06/12/2024
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Nelson Peltz's activist fund Trian Partners takes ‘significant position' in U.K. pest control firm Rentokil
- Rentokil Initial shares surged by up to 16% on Wednesday as Nelson Peltz' activist hedge fund Trian Partners confirmed it had acquired a “significant position” in the British pest control company.
- 06/12/2024
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Rentokil shares surge as Nelson Peltz builds stake
- Nelson Peltz may be still rueing from his failed attempt to acquire a seat on the Mickey Mouse creator's board as he has switched his attention to pest control. Rentokil Initial PLC (LSE:RTO) is doing a large portion of the lifting for the FTSE 100 this morning after it was revealed the billionaire fund manager and activist investor had developed a stake in the company.
- 06/12/2024
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Nelson Peltz's Trian amasses stake in pest control giant Rentokil
- Nelson Peltz's Trian has a top-10 position in Terminix-parent Rentokil and is looking to work with management to increase shareholder value. Rentokil shares have fallen by more than a third in the last year, as the company grapples with a softening consumer.
- 06/11/2024
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Rentokil Terminix Opens State-of-the-Art North American Innovation Center
- The center will support groundbreaking research, advanced technology and more sustainable product development MEMPHIS, Tenn. , June 7, 2024 /PRNewswire/ -- Rentokil Terminix, North America's largest pest control provider, is thrilled to announce the opening of its state-of-the-art Innovation Center.
- 06/07/2024
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Rentokil Initial plc (NYSE:RTO) Shares Sold by Natixis Advisors L.P.
- Natixis Advisors L.P. lowered its holdings in Rentokil Initial plc (NYSE:RTO – Free Report) by 26.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,061 shares of the company’s stock after selling 3,906 shares during the period. Natixis Advisors L.P.’s holdings in Rentokil Initial were worth $316,000 at the end of the most recent reporting period. Other hedge funds have also recently bought and sold shares of the company. Legacy Capital Wealth Partners LLC grew its holdings in Rentokil Initial by 28.1% during the 4th quarter. Legacy Capital Wealth Partners LLC now owns 12,932 shares of the company’s stock worth $370,000 after acquiring an additional 2,835 shares in the last quarter. Motley Fool Wealth Management LLC bought a new stake in Rentokil Initial in the fourth quarter valued at about $12,490,000. Golden State Equity Partners raised its stake in Rentokil Initial by 76.2% during the fourth quarter. Golden State Equity Partners now owns 9,608 shares of the company’s stock valued at $275,000 after buying an additional 4,154 shares in the last quarter. Motley Fool Asset Management LLC bought a new position in Rentokil Initial during the 4th quarter worth approximately $8,726,000. Finally, Daiwa Securities Group Inc. grew its position in shares of Rentokil Initial by 626.3% in the 4th quarter. Daiwa Securities Group Inc. now owns 14,838 shares of the company’s stock worth $425,000 after acquiring an additional 12,795 shares in the last quarter. Institutional investors and hedge funds own 9.91% of the company’s stock. Wall Street Analyst Weigh In Several equities research analysts recently issued reports on the company. Bank of America lowered Rentokil Initial from a “buy” rating to a “neutral” rating and dropped their price target for the company from $40.00 to $29.00 in a research report on Wednesday, January 24th. BNP Paribas raised shares of Rentokil Initial from a “neutral” rating to an “outperform” rating in a report on Monday, March 18th. Finally, JPMorgan Chase & Co. started coverage on shares of Rentokil Initial in a research note on Tuesday, April 23rd. They set a “neutral” rating on the stock. View Our Latest Stock Analysis on Rentokil Initial Rentokil Initial Trading Down 0.6 % RTO stock opened at $27.30 on Monday. Rentokil Initial plc has a 1 year low of $23.39 and a 1 year high of $41.55. The stock’s fifty day moving average is $28.41 and its two-hundred day moving average is $27.68. Rentokil Initial Increases Dividend The company also recently announced a semi-annual dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Friday, April 5th will be paid a dividend of $0.3784 per share. This represents a yield of 1.6%. This is a positive change from Rentokil Initial’s previous semi-annual dividend of $0.18. The ex-dividend date of this dividend is Thursday, April 4th. Rentokil Initial Company Profile (Free Report) Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers. See Also Five stocks we like better than Rentokil Initial Retail Stocks Investing, Explained MarketBeat Week in Review – 5/13 – 5/17 What is the S&P 500 and How It is Distinct from Other Indexes Take-Two Interactive Software Offers 2nd Chance for Investors Trading Halts Explained Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook
- 05/20/2024
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GEO vs. RTO: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Business - Services sector might want to consider either Geo Group (GEO) or Rentokil Initial PLC (RTO). But which of these two stocks offers value investors a better bang for their buck right now?
- 05/08/2024
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Rentokil Initial: Wide Moat Revenue And Profit Compounder
- Rentokil is a market leader in the pest control industry, controlling 21% of the global market. The pest control market is expected to reach $42.5 billion by 2032, with high margins. Rentokil has faced challenges following its acquisition of Terminix, but long-term investors should take note of its potential for growth.
- 05/06/2024
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HOW TO KEEP PESTS FROM BUZZING THROUGH COMMUNITY CLEAN-UP EVENTS THIS EARTH DAY
- Terminix Empowers Communities with Earth Day Cleanup Tips to Prevent Pests MEMPHIS, Tenn. , April 19, 2024 /PRNewswire/ -- Every April, Earth Day reminds us of the importance of preserving our planet through environmental conservation, uniting communities over a common goal to better protect the cities we call home.
- 04/19/2024
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Rentokil dips following first-quarter results
- Rentokil Initial PLC (LSE:RTO)'s revenues were up 4.9% in the first quarter, or 3.1% on an organic basis when stripping out the impact of acquisitions including HiCare in India. North American growth “stabilised” in the quarter, the FTSE 100-listed group said, with organic revenues up 1.5% in the region.
- 04/18/2024
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GEO or RTO: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Business - Services sector have probably already heard of Geo Group (GEO) and Rentokil Initial PLC (RTO). But which of these two stocks is more attractive to value investors?
- 04/17/2024
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Rentokil first quarter awaited keenly at start of key year
- Multinational pest controller Rentokil Initial PLC's (LSE:RTO) first-quarter results next Thursday will be closely watched for signs of the health of the key US market. In October, shares in the FTSE 100 group plummeted on a warning about softer trading in North America, where it generates around half of revenues after the acquisition of Terminix a year earlier.
- 04/11/2024
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Rentokil acquires Indian pest control business
- Rentokil Initial PLC (LSE:RTO) has announced the acquisition of India's second-largest pest control company, HiCare. Covering commercial, residential and termite pest control, HiCare has 30 branches in India and is being bought as part of Rentokil's plans to expand into the country, the firm announced on Tuesday.
- 04/02/2024
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Galliford Try appoints Rentokil's Kris Hampson as chief financial officer
- Galliford Try Holdings PLC (LSE:GFRD) has announced the appointment of Rentokil Initial PLC (LSE:RTO) financial controller Kris Hampson as its chief financial officer. He will join the board no later than September, replacing Andrew Duxbury, the construction firm said in a statement on Thursday.
- 03/28/2024
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Rentokil Initial PLC Announces Annual Financial Report
- Annual Report and Annual General Meeting CRAWLEY, UK / ACCESSWIRE / March 27, 2024 / In compliance with Listing Rule 9.6.1, the Company announces that the following documents, in unedited full text, have today been filed with the Financial Conduct Authority and are available for inspection via the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism: Annual Report and Financial Statements for the year ended 31 December 2023 (the Annual Report 2023); Notice of 2024 Annual General Meeting (AGM); and Proxy Form for the 2024 Annual General Meeting. The documents will be posted today and the Annual Report 2023 and the Notice of 2024 AGM have been published on the Company's website at rentokil-initial.com/investors.
- 03/27/2024
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TERMINIX® IS NAMED THE OFFICIAL PEST CONTROL PARTNER OF THE UNITED SOCCER LEAGUE
- The Multi-Year Deal will Support both Men's Professional Leagues and all Pre-Professional USL Properties MEMPHIS, Tenn. , March 21, 2024 /PRNewswire/ -- Terminix®, a Rentokil Terminix company, is thrilled to announce a multi-year partnership with the United Soccer League (USL), reinforcing its commitment to supporting communities and protecting what matters most, consumers and sports fans alike, whether in the stadium or in the home.
- 03/21/2024
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Rentokil reassurance received on North America, but 2024 is key year - broker
- Rentokil Initial PLC's (LSE:RTO) results earlier this month are exterminating some of the worries about its acquisition of Terminix in the US, said brokerage Stifel, but the most risky period is coming in the second half of 2024. In October, shares in the pest control group, which generates around half of its revenue in the US, plunged after it warned that softer trading in North America would mean performance would be “marginally” below previous expectations.
- 03/19/2024
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Rentokil Initial plc (RTO) Q4 2023 Earnings Call Transcript
- Rentokil Initial plc (NYSE:RTO ) Q4 2023 Earnings Conference Call March 7, 2024 5:15 AM ET Company Participants Andrew Ransom - CEO Stuart Ingall-Tombs - CFO Brad Paulsen - CEO, North America Conference Call Participants Suhasini Varanasi - Goldman Sachs James Rose - Barclays Andy Grobler - BNP Paribas Exane Ian Zaffino - Oppenheimer Nicole Manion - UBS Dominic Edridge - Deutsche Bank Allen Wells - Jefferies Chris Bamberry - Peel Hunt Andrew Ransom Good morning, ladies and gentlemen. Thank you all for joining us today.
- 03/11/2024
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Rentokil rallies as North America worries ease
- Rentokil shares enjoyed their best day for months as full-year profits soared, easing some of the concerns over its Terminix acquisition. Shares in the pest control specialist tanked by more than a quarter in October after it warned over trading in its US operations, but most of that was recouped today as it indicated things were better than hoped.
- 03/07/2024
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Rentokil Sees Better Terminix Synergies
- Rentokil raised its synergies expectations from the Terminix acquisition and laid out new plans for North America, aiming to achieve full-year revenue growth there of 2%-4%.
- 03/07/2024
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7 Stocks Analysts Are Predicting Will Grow 30% This Year
- 2024 has started in the same manner as 2023. The S&P 500 is rising steadily pulling growth stocks consistently higher, which is leading more investors to seek out stocks predicted to grow.
- 03/05/2024
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1 Magnificent S&P 500 Dividend Stock Up 9,770% Since 2000 to Buy Right Now
- Rollins is proof that "safer" stocks can still beat the market. The serial acquirer has been masterful at integrating acquisitions and generating higher cash flows.
- 02/23/2024
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TERMINIX® REVEALS TOP PEST THREATS ACROSS PACIFIC COAST AND MOUNTAIN WEST STATES
- Roof Rats, Termites and Cockroaches are thriving in changing environmental conditions MEMPHIS, Tenn. , Feb. 1, 2024 /PRNewswire/ -- According to the NIDIS ( National Integrated Drought Information System ), the total land area of drought conditions in Mountain West and Pacific Coastal states have decreased by 62%, dropping from 74% in January 2023 to 12% in January 2024.
- 02/01/2024
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3 Top Growth Stocks to Buy and Hold for 2024
- The long-term outlooks for these high-quality companies are solid—and their stocks are cheap.
- 01/23/2024
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RTO vs. AFRM: Which Stock Is the Better Value Option?
- Investors interested in Business - Services stocks are likely familiar with Rentokil Initial PLC (RTO) and Affirm Holdings (AFRM). But which of these two stocks presents investors with the better value opportunity right now?
- 01/16/2024
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Rentokil share battering too much, suggests HSBC
- Rentokil's share price has fallen so far in recent weeks that it's now a buy according to HSBC even though ‘considerable' concern remains about the longer-term investment case. From 610p before its results a month ago, the share price is now 445p and HSBC says on a conservative view of profit progression and of returns after the Terminix acquisition, there is some upside.
- 11/07/2023
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Rentokil Initial weakness offers opportunity for 'patient' investor
- Rentokil Initial PLC (LSE:RTO) continues to slip following last week's profit warning, but two brokers believe that at these levels the shares have fallen far enough. Barclays is a fan, reiterating a buy rating and 700p price target, stating that its long-term view hasn't changed.
- 10/23/2023
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Why Rentokil Stock Is Plunging Today
- Rentokil lowered full-year margin guidance and said its North American wholesale chemical business was under pressure. Terminix is finding it harder to find new customers.
- 10/19/2023
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Why Is Rentokil Initial (RTO) Stock Down 20% Today?
- Rentokil Initial (NYSE: RTO ) stock is falling on Thursday after the pest control company warned investors of slowing demand. According to a press release from the company, demand for its chemical products in North America is waning.
- 10/19/2023
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Rentokil's Share Price Slumps 14% As North American Market Cools
- Organic sales rose 4.2% during the three months to September as trading in its largest market worsened.
- 10/19/2023
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Rentokil plunges after warning of weaker North American trading
- Rentokil Initial PLC (LSE:RTO) shares plunged after it warned softer trading in North America would mean performance would be “marginally” below previous expectations. The pest control firm, which around half of its revenue in the US, said “near-term market uncertainty” prompted the warning.
- 10/19/2023
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Rentokil could see lift from Bedbug outbreak ahead of results
- An influx of bedbugs is sweeping across France and the UK and while it is causing problems for hoteliers who have been forced to throw out hordes of pest-ridden mattresses, there are a few companies benefitting. Rentokil Initial PLC (LSE:RTO) is one of them.
- 10/17/2023
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Rentokil Initial: Thriving Compounder In A Market Leading Position
- Rentokil Initial offers integrated service solutions for pest control, hygiene services, and workwear solutions. The company has grown at a CAGR of 11%, with strong organic growth and consistent acquisitions. RTO has a fantastic business model, with a leading position in numerous segments and deep expertise, allowing for 4-6% organic growth in a mature industry. The company has consistently improved FCF, with scope for further margin improvement as it optimizes acquired entities. This will be a key value lever in the coming years.
- 09/03/2023
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Rentokil Initial: A Compellingly Priced Leader In The Attractive Pest Control Industry
- Rentokil Initial operates in the attractive and expanding pest control industry, with opportunities for growth through acquisitions. The recent acquisition of Terminix strengthens Rentokil Initial's position in the pest control market and also provides ample synergies. The company's valuation remains compelling despite trading near its all-time high, with multiples significantly below major competitors.
- 06/08/2023
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Rollins Pest Control Needs to be in Your Watchlist
- You probably see those pest control vehicles rolling through your neighborhood on a regular basis, but it's almost certain you didn't realize there might be an investment opportunity there. Rollins Inc. NYSE: ROL is the corporate parent of a brand portfolio that includes Orkin, Critter Control and many others.
- 04/28/2023
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Rentokil revenue growth can't exterminate sell rating
- Rentokil Initial PLC (LSE:RTO) reported organic growth of 5.9% in the first quarter of 2023, ahead of analyst consensus of 5.3%, but it isn't enough for UBS to shake its ‘sell' rating. The Swiss bank forecast steady growth over the next few years for the pest control service, with sales expected to jump by 56% to £5.7bln in 2026.
- 04/20/2023
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Rio Tinto, WH Smith and Rentokil trading updates due for Thursday
- Thursday brings with it a whole host of results stretching from metal miners Rio Tinto PLC (LSE:RIO) to stationery retailers WH Smith PLC (LSE:SMWH). Iron prices currently sit close to a three-month low, which is not good news for the mining titan, though no one seems to have any clear idea of where trends are at present.
- 04/19/2023
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Rentokil shares continue to climb as it sets sights on margin growth
- Rentokil Initial PLC (LSE:RTO) the pest controller, has seen its shares rally recently, but investors may be keen to see how the company is tackling growing its operating margin before pushing them higher. In full-year results, released last month, the Crawley-based firm announced that underlying operating margins had risen to 15.4% in 2022.
- 04/14/2023
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Rentokil offering strong upside after acquisition-heavy 2022
- Rentokil Initial PLC (LSE:RTO), a British pest control business, could see growth in its share price going forward after full-year results boosted experts' earnings per share (EPS) forecasts. The FTSE 100 constituent reported a 25% growth in revenue last year, with profits dropping by under 10% - largely due to the acquisition of US-based Terminix.
- 03/21/2023
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Rentokil lifts dividend 18% as acquisitions boost revenue
- Rentokil Initial PLC (LSE:RTO) was in an upbeat mood after reporting strong growth in revenue in 2022 reflecting the benefits of recent M&A activity, resilient demand and price rises. "For the full year, notwithstanding the prevailing macroeconomic challenges, we expect continued good underlying trading momentum," said chief executive Andy Ransom.
- 03/16/2023
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Rentokil: A Defensive Pick With Re-Rating Potential
- Rentokil may have fallen short of expectations in Q3, but the outlook for the Q4/FY22 update looks good. The core business fundamentals remain intact, while the post-Terminix integration is also progressing well.
- 01/11/2023
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4 Business Services Stocks Most Wall Street Analysts Are Bullish About
- RTO, FUTU, INST and NSP are poised to benefit in 2023 and beyond with healthy fundamentals and solid Zacks Rank.
- 12/29/2022
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