Analysts Set Rentokil Initial plc (LON:RTO) Target Price at GBX 461.43

Rentokil Initial plc (LON:RTO) has earned an average rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 461.43.

Several analysts have recently weighed in on RTO shares. Jefferies Financial Group lifted their target price on Rentokil Initial from GBX 540 to GBX 550 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Stifel Nicolaus reiterated a “hold” rating and set a GBX 390 target price on shares of Rentokil Initial in a research report on Thursday, March 5th. Citigroup raised their price target on Rentokil Initial from GBX 550 to GBX 575 and gave the company a “buy” rating in a research note on Monday, March 16th. Finally, UBS Group upgraded Rentokil Initial from a “neutral” rating to a “buy” rating and raised their price target for the company from GBX 430 to GBX 540 in a research note on Thursday, March 12th.

Rentokil Initial Stock Down 0.4%

LON:RTO opened at GBX 464.15 on Tuesday. Rentokil Initial has a twelve month low of GBX 334.80 and a twelve month high of GBX 507. The company has a market cap of £11.68 billion, a price-to-earnings ratio of 25.04, a price-to-earnings-growth ratio of 0.56 and a beta of 0.42. The stock has a fifty day simple moving average of GBX 483.27 and a 200-day simple moving average of GBX 456.49. The company has a current ratio of 1.16, a quick ratio of 1.76 and a debt-to-equity ratio of 111.54.

Insider Activity at Rentokil Initial

In other news, insider Sally Johnson purchased 2,676 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were purchased at an average price of GBX 483 per share, for a total transaction of £12,925.08. Corporate insiders own 2.82% of the company’s stock.

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.