Insider Buying: Rentokil Initial (LON:RTO) Insider Buys £12,925.08 in Stock

Rentokil Initial plc (LON:RTO) insider Sally Johnson purchased 2,676 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was purchased at an average price of GBX 483 per share, for a total transaction of £12,925.08.

Rentokil Initial Price Performance

Shares of RTO stock opened at GBX 469.50 on Friday. The firm has a market cap of £11.81 billion, a price-to-earnings ratio of 36.59, a PEG ratio of 0.56 and a beta of 0.49. Rentokil Initial plc has a 12 month low of GBX 306 and a 12 month high of GBX 493.90. The company has a quick ratio of 1.76, a current ratio of 1.16 and a debt-to-equity ratio of 111.54. The stock has a 50-day moving average price of GBX 462.49 and a 200 day moving average price of GBX 427.06.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on RTO shares. Stifel Nicolaus reissued a “hold” rating and set a GBX 390 price target on shares of Rentokil Initial in a research note on Thursday, March 5th. Jefferies Financial Group raised their price objective on shares of Rentokil Initial from GBX 540 to GBX 550 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Citigroup upped their target price on shares of Rentokil Initial from GBX 550 to GBX 575 and gave the company a “buy” rating in a research report on Monday. Finally, UBS Group raised Rentokil Initial from a “neutral” rating to a “buy” rating and increased their price target for the company from GBX 430 to GBX 540 in a research note on Thursday, March 12th. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Rentokil Initial presently has an average rating of “Moderate Buy” and an average price target of GBX 461.43.

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.