Rentokil Initial PLC
RTO: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|j? | LOCK|CQ^rX | LOCK|D<Y?!s |
We See Rentokil Leveraging Its Scale More Effectively, Narrowing the Valuation Gap With Rollins
Recent poor performance by Rentokil presents a buying opportunity, as we expect the company to leverage its scale to increase organic growth and margins, leading to a convergence of valuation multiples between Rollins and Rentokil.
