And at a 1.40 buy,my have a chance short term,only small money..

Jefferies International today upgrades its investment rating on Rentokil Initial PLC (LON:RTO) to buy (from hold) and raised its price target to 340p (from 335p).

StockMarketWire.com
Rentokil Initial's organic revenue growth dropped to 3.2% in the first quarter from 3.7% the year before because of the ongoing impact of last September's hurricane on operations in Puerto Rico and unseasonably cold weather in the US in March, which delayed the onset of the spring pest season.

Excluding the impact of Puerto Rico, organic growth is in line with Q1 2017.

Acquisitions performed well, contributing 12.5% to ongoing revenue in the first quarter.

Ongoing revenue in pest control grew by 15.8% (4.7% organic) with growth markets growing by 12.4% and emerging markets increasing by 38.2%, reflecting the strong performance of the joint venture in India.

Hygiene ongoing revenue rose by 29.3% (1.8% organic), driven by the acquisitions of Cannon Hygiene and CWS Italy.

Ongoing revenue in the Protect & Enhance markets declined by 0.1% due to ongoing market weakness in the UK Property Care business, offset by a stronger performance from the French business.

Deutsche Bank today reaffirms its hold investment rating on Rentokil Initial PLC (LON:RTO) and raised its price target to 320p (from 310p).

StockMarketWire.com
Pest control group Rentokil Initial posted a modest fall in first half profit after a strengthening pound offset rising sales.

Pre-tax profit for the six months through June fell 82% to £109.5m, but included a gain on an asset sale in the previous year.

On an underlying basis, pre-tax profit fell 1.5% to £124.5m, as ongoing revenue grew 14% to £1.17bn.

The company declared an interim dividend of 1.311p per share, up 15% on-year.

'I am pleased with our performance in the first half, with revenue, profit and cash all in excess of our medium-term targets,' chief executive Andy Ransom said.

'Pest Control has performed well, despite a late start to the pest season in North America.'

'Encouragingly, our Europe region has continued to improve, with France returning to profitable growth after three years of decline.'

'As a result of our performance in the first half, our guidance for the full year is unchanged.'

Goldman Sachs today downgrades its investment rating on Rentokil Initial PLC (LON:RTO) to neutral (from buy) and raised its price target to 420p (from 400p).