Rentokil Initial’s (RTO) Sell Rating Reaffirmed at Berenberg Bank

Rentokil Initial (LON:RTO)‘s stock had its “sell” rating reiterated by investment analysts at Berenberg Bank in a research report issued to clients and investors on Monday,Digital Look reports. They currently have a GBX 284 price target on the stock. Berenberg Bank’s target price would indicate a potential downside of 24.57% from the company’s current price.

Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. reaffirmed a “no recommendation” rating on shares of Rentokil Initial in a report on Monday, August 11th. Deutsche Bank Aktiengesellschaft raised their target price on Rentokil Initial from GBX 425 to GBX 435 and gave the stock a “buy” rating in a report on Monday, July 21st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 440 target price on shares of Rentokil Initial in a report on Friday, August 1st. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 397.25.

Rentokil Initial Price Performance

Shares of Rentokil Initial stock opened at GBX 376.50 on Monday. Rentokil Initial has a one year low of GBX 306 and a one year high of GBX 427.20. The stock’s fifty day moving average is GBX 366.03 and its 200 day moving average is GBX 353.35. The stock has a market cap of £9.47 billion, a P/E ratio of 2,933.82, a P/E/G ratio of 0.56 and a beta of 0.55. The company has a debt-to-equity ratio of 113.35, a quick ratio of 1.76 and a current ratio of 1.04.

About Rentokil Initial

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers.