Rentokil Initial (LON:RTO) Earns Buy Rating from Jefferies Financial Group

Rentokil Initial (LON:RTO)‘s stock had its “buy” rating restated by Jefferies Financial Group in a note issued to investors on Thursday,Digital Look reports. They currently have a GBX 550 price target on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 22.69% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Citigroup upped their target price on Rentokil Initial from GBX 550 to GBX 575 and gave the company a “buy” rating in a report on Monday, March 16th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 540 price target on shares of Rentokil Initial in a report on Friday, June 5th. Finally, UBS Group raised shares of Rentokil Initial from a “neutral” rating to a “buy” rating and boosted their price target for the company from GBX 430 to GBX 540 in a research report on Thursday, March 12th. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 475.71.

Rentokil Initial Price Performance

LON:RTO opened at GBX 448.30 on Thursday. Rentokil Initial has a one year low of GBX 337.30 and a one year high of GBX 507. The stock has a market cap of £11.28 billion, a PE ratio of 24.18, a P/E/G ratio of 0.56 and a beta of 0.43. The company has a debt-to-equity ratio of 111.54, a quick ratio of 1.76 and a current ratio of 1.16. The stock has a 50 day moving average price of GBX 456 and a 200 day moving average price of GBX 462.99.

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.