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INDUSTRIALS REIT 167.0 P 166.5 166.0 28 Apr 166.5 165.5 165.0 24 Apr 25 Apr 27 Apr 26 Apr 28 Apr

Listed industrial property vehicle Industrials REIT posted "strong rental growth" in the fourth quarter and showed "no signs of a slowdown", analysts at Peel Hunt said.

Occupancy rates were stable at 92.3 per cent, with 120 leasing transactions concluded at an average uplift of 27 per cent. The firm is set for a takeover by Blackstone and Peel Hunt says investors should hold the stock with a target price of 165p.

RENTOKIL INITIAL

P 630 632.4 28 Apr 625 620 615 610 605 24 Apr 25 Apr 27 Apr 26 Apr 28 Apr

Rentokil was "substantially outperformed" by its main global competitor Rollins after the firm revealed 11.4 per cent revenue growth in the first quarter of its financial year, analysts have warned. In the first quarter of the year, Rentokil's North American Pest Control business, which makes up 55 per cent of group revenues, saw sales growth of just 4.9 per cent. Peel Hunt say hold the stock with a target price of 629p.

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