Rentokil Initial’s (RTO) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

Rentokil Initial (LON:RTO)‘s stock had its “outperform” rating reissued by Royal Bank Of Canada in a report released on Friday, September 18th, MarketBeat.com reports. They currently have a GBX 480 price target on the stock. Royal Bank Of Canada’s price target points to a potential upside of 55.49% from the company’s previous close.

A number of other analysts have also recently commented on the stock. JPMorgan Chase & Co. cut their price target on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating on the stock in a research report on Friday, July 31st. Citigroup decreased their target price on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research note on Friday, July 31st. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 550 target price on shares of Rentokil Initial in a report on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective 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. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 455.75.

Rentokil Initial Trading Down 0.2%

Rentokil Initial stock traded down GBX 0.50 during mid-day trading on Friday, hitting GBX 308.70. 6,911,517 shares of the stock were exchanged, compared to its average volume of 34,222,656. The firm’s fifty day simple moving average is GBX 360.87 and its two-hundred day simple moving average is GBX 428.64. The company has a quick ratio of 1.76, a current ratio of 1.06 and a debt-to-equity ratio of 110.37. Rentokil Initial has a 12 month low of GBX 306 and a 12 month high of GBX 507. The stock has a market capitalization of £7.77 billion, a price-to-earnings ratio of 16.37, a PEG ratio of 0.56 and a beta of 0.41.

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.