Rentokil Initial (LON:RTO) Price Target Lowered to GBX 550 at Citigroup

Citigroup lowered its price target for Rentokil Initial (LON:RTO) from GBX 575 to GBX 550, while maintaining a "Buy" rating, indicating a potential upside of 56.96%. The stock is currently rated "Moderate Buy" by analysts, with an average target price of GBX 468.33, despite its shares recently trading near their one-year low. Rentokil Initial plc provides pest control and hygiene services globally.