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Rentokil Initial plc (RTO): A Bull Case Theory

We came across a bullish thesis on Rentokil Initial plc (RTO) on Substack by Mike MaxDividends Team. In this article, we will summarize the bulls’ thesis on RTO. Rentokil Initial plc (RTO)'s share was trading at $23.89 as of May 5th. RTO’s trailing and forward P/E were 29.65 and 17.24 respectively according to Yahoo Finance.

[caption id="attachment_1200354" align="aligncenter" width="768"] A pest control service technician spraying insecticide in a residential property.[/caption]

Rentokil's stock has fallen by 19% since March 2024, largely due to challenges in integrating...