Stock Price Prediction

RTO

0.000

0.000(0.000%)

RTO Price Prediction Next Week

Based on the provided news and data, here's the analysis for RTO's stock price prediction for next week:

Technical Analysis

RSI indicates oversold territory at 28.1, suggesting potential buying opportunity
Stock recently crossed above 200-day moving average, showing positive momentum
Current price around $27.31, trading between 52-week range of $22.40-$34.07

News Sentiment & Fundamental Factors

Recent analyst rating from UBS maintains Hold rating with price target of £400
Consensus rating is Moderate Buy with average price target showing 13.89% upside potential
Positive insider sentiment with increased buying activity over past quarter
Company generates revenue primarily from North America, Europe, and Latin America through pest control and hygiene services

Price Prediction for Next Week Based on technical indicators and news sentiment:

Support level: $26.50 (near current 200-day MA)
Resistance level: $28.50 (near previous swing high)
Target price: $28.20

Trading Recommendation BUY with following rationale:

Oversold RSI indicates potential reversal
Bullish crossover of 200-day moving average
Strong insider buying activity
Multiple support levels nearby to limit downside risk
Positive analyst consensus with upside potential

Entry point: Current market price ($27.31) Initial target: $28.20 (+3.3%) Stop loss: $26.40 (-3.3%)

Based on the provided news and data, here's the analysis for RTO's stock price prediction for next week:

Technical Analysis

RSI indicates oversold territory at 28.1, suggesting potential buying opportunity
Stock recently crossed above 200-day moving average, showing positive momentum
Current price around $27.31, trading between 52-week range of $22.40-$34.07

News Sentiment & Fundamental Factors

Recent analyst rating from UBS maintains Hold rating with price target of £400
Consensus rating is Moderate Buy with average price target showing 13.89% upside potential
Positive insider sentiment with increased buying activity over past quarter
Company generates revenue primarily from North America, Europe, and Latin America through pest control and hygiene services

Price Prediction for Next Week Based on technical indicators and news sentiment:

Support level: $26.50 (near current 200-day MA)
Resistance level: $28.50 (near previous swing high)
Target price: $28.20

Trading Recommendation BUY with following rationale:

Oversold RSI indicates potential reversal
Bullish crossover of 200-day moving average
Strong insider buying activity
Multiple support levels nearby to limit downside risk
Positive analyst consensus with upside potential

Entry point: Current market price ($27.31) Initial target: $28.20 (+3.3%) Stop loss: $26.40 (-3.3%)

RTO Similar Chart Price Prediction

The price of RTO is predicted to go up 0.24%, based on the high correlation periods with UNF. The similarity of these two price pattern on the periods is 92.53%.

RTO

UNF

Up: 0.24%Similarity: 92.53%

RTO Revenue Forecast

RTO EPS Forecast

RTO VS S&P500

Rentokil is well positioned to benefit from fast-growing Asian pest-control markets.

Broad adoption of Rentokil's digital pest-control offering is likely to drive market share gains.

Further scale economies are likely to accrue from the ongoing M&A programme.

Ask Intellectia about RTO

RTO Analyst's Forecast

Oliver Davies

Redburn Atlantic

Strong Buy → Hold

2024-09-19

Price Target

n/a

Downside

Redburn Atlantic downgraded Rentokil Initial to Neutral from Buy with a 420 GBp price target.