Rentokil Initial (LON:RTO) Price Target Lowered to GBX 480 at Royal Bank Of Canada

Rentokil Initial (LON:RTO) had its target price lowered by Royal Bank Of Canada from GBX 540 to GBX 480 in a report issued on Thursday morning,London Stock Exchange reports. The brokerage currently has an outperform rating on the stock.

RTO has been the topic of a number of other research reports. Citigroup dropped their price objective on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a research note on Friday. Jefferies Financial Group reissued a “buy” rating and issued a GBX 550 target price on shares of Rentokil Initial in a research note on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 468.33.

Rentokil Initial Stock Down 0.5%

RTO stock traded down GBX 1.60 during mid-day trading on Thursday, reaching GBX 350.40. The company had a trading volume of 279,204,219 shares, compared to its average volume of 37,570,371. The company has a debt-to-equity ratio of 111.54, a current ratio of 1.16 and a quick ratio of 1.76. The stock has a 50 day simple moving average of GBX 440.76 and a two-hundred day simple moving average of GBX 461.29. The company has a market capitalization of £8.82 billion, a price-to-earnings ratio of 18.90, a PEG ratio of 0.56 and a beta of 0.43. Rentokil Initial has a 52 week low of GBX 344.60 and a 52 week high of GBX 507.

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.