Im looking at rentokil shares, they seemed to be trading well below peers in the market.

Is it purely sentiment.

further falls today.

Further details from them november the 7th.

Chart wise they are setting further lows -

any considered opinions.

Im thinking of these as a investement on a longer term - 3-5 year window tucked away in my ISA.

It is time to let rat-catcher Rentokil out of the dog-house, according to Peel Hunt, as the fallen stock market star appears to be finally getting to grips with its troubled courier business unit City Link.

"The turn-around of City Link appears to be getting back on track. Once it is clearly demonstrated that the business is fixed, there is the potential for a higher rating for the shares," reckons Christopher Bamberry at Peel Hunt. "Meanwhile, however, we remain concerned over the mounting European headwinds Rentokil faces and the mature commoditised nature of their end markets," Bamberry added.

That may explain why he has stuck with his target price of 75p, slightly below the current market price. The broker's recommendation, however, is now to hold the shares rather than sell them.

Rentokil Initial is also approaching a new high today, reaching 89.5p. This is another company that has been recovering well this year, although its forecasts aren't quite as strong as some. There is only a 2.4% dividend expected, which is a fair bit less than the firm was paying back before its slump. But at least the price is headed in the right direction.