Rentokil Initial plc (LON:RTO) stock rises after Goldman Sachs Group Inc (NYSE:GS) upgrade as U.S. pest recovery becomes price test
Rentokil Initial plc rose on Tuesday after Goldman Sachs Group Inc upgraded the stock, but the bigger number for shareholders is the target gap. At 590p, Goldman's new target is about 30% above the after-close London quote and 16% above the 507p year high shown by AJ Bell. At 21:02 BST, London trading had ended. Hargreaves Lansdown showed Rentokil at 454.60p bid and 454.80p offer; AJ Bell showed a session high of 458.20p and volume of 10.6 million shares.