Rentokil Initial plc (LON:RTO) Receives Average Rating of “Moderate Buy” from Analysts

Rentokil Initial plc (LON:RTO) has received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 455.75.

RTO has been the subject of a number of research reports. JPMorgan Chase & Co. decreased their target price on Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a report on Friday, July 31st. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 550 price target on shares of Rentokil Initial in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating for the company in a research report on Monday, August 3rd. Citigroup decreased their price objective on shares of Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research note on Friday, July 31st. Finally, Royal Bank Of Canada dropped their price objective on shares of Rentokil Initial from GBX 540 to GBX 480 and set an “outperform” rating on the stock in a report on Thursday, July 30th.

Rentokil Initial Stock Down 0.4%

Shares of RTO stock opened at GBX 362 on Friday. The stock’s 50-day simple moving average is GBX 428.90 and its 200-day simple moving average is GBX 456.94. The company has a debt-to-equity ratio of 110.37, a quick ratio of 1.76 and a current ratio of 1.06. The firm has a market capitalization of £9.11 billion, a PE ratio of 19.53, a P/E/G ratio of 0.56 and a beta of 0.43. Rentokil Initial has a fifty-two week low of GBX 329.60 and a fifty-two week high of GBX 507.

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. The company provides hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers, and floor protection mats.