Jefferies Financial Group Forecasts Strong Price Appreciation for Rentokil Initial (LON:RTO) Stock

Rentokil Initial (LON:RTO) had its target price upped by investment analysts at Jefferies Financial Group from GBX 540 to GBX 550 in a note issued to investors on Tuesday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 20.91% from the company’s previous close.

Separately, Stifel Nicolaus reiterated a “hold” rating and issued a GBX 390 price target on shares of Rentokil Initial in a research note on Thursday, March 5th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Rentokil Initial presently has a consensus rating of “Hold” and a consensus target price of GBX 427.86.

Rentokil Initial Stock Down 0.9%

LON:RTO traded down GBX 4 on Tuesday, reaching GBX 454.90. The stock had a trading volume of 15,587,492 shares, compared to its average volume of 44,786,398. The company has a 50-day moving average of GBX 458.58 and a 200 day moving average of GBX 421.44. The company has a current ratio of 1.16, a quick ratio of 1.76 and a debt-to-equity ratio of 111.54. The stock has a market cap of £11.44 billion, a P/E ratio of 35.45, a price-to-earnings-growth ratio of 0.56 and a beta of 0.49. Rentokil Initial has a 12-month low of GBX 306 and a 12-month high of GBX 483.30.

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.