Brokerages Set Rentokil Initial plc (LON:RTO) PT at GBX 455.75

Rentokil Initial plc (LON:RTO) has received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 455.75.

Several equities analysts recently weighed in on the stock. Citigroup reduced their price target on shares of Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research report on Friday, July 31st. JPMorgan Chase & Co. dropped their target price on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating on the stock in a research note on Friday, July 31st. Jefferies Financial Group reissued a “buy” rating and set a GBX 550 target price on shares of Rentokil Initial in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft decreased 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 note on Monday, August 3rd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 480 price target on shares of Rentokil Initial in a report on Friday, September 18th.

Rentokil Initial Trading Up 2.1%

Shares of Rentokil Initial stock opened at GBX 323.10 on Monday. The firm has a market cap of £8.13 billion, a PE ratio of 17.13, a P/E/G ratio of 0.56 and a beta of 0.41. Rentokil Initial has a 1 year low of GBX 313.50 and a 1 year high of GBX 507. The company has a debt-to-equity ratio of 110.37, a current ratio of 1.06 and a quick ratio of 1.76. The stock has a fifty day moving average price of GBX 363.67 and a 200-day moving average price of GBX 429.76.

Rentokil Initial Company Profile

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.