0737 GMT - Rentokil has potential for sustained market growth over the long term, but it is premature for investors to count on an immediate upswing, Berenberg analysts say in a research note. Rentokil faces challenges related to the integration of Terminix, a company it acquired in 2022 that helped it become the largest pest control firm in North America, they say. In the middle term, organic growth is likely to remain below that of the broader market, and the North American margin will probably to be flat to down, they add.Berenberg starts coverage of the Rentokil stock with a sell rating and a price target of 284 pounds. Rentokil leads the FTSE 100 index fallers with a 1.6% drop. (maitane.sardon@wsj.com)
(END) Dow Jones Newswires
September 29, 2025 03:37 ET (07:37 GMT)
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