Rentokil Initial plc (LON:RTO) Given Consensus Rating of “Moderate Buy” by Analysts

Rentokil Initial plc (LON:RTO) has been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 475.71.

Several research analysts have issued reports on RTO shares. Citigroup lifted their target price on shares of Rentokil Initial from GBX 550 to GBX 575 and gave the stock a “buy” rating in a report on Monday, March 16th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 540 price objective on shares of Rentokil Initial in a report on Friday, June 5th. Jefferies Financial Group boosted their price objective on shares of Rentokil Initial from GBX 540 to GBX 550 and gave the company a “buy” rating in a report on Tuesday, March 10th. Stifel Nicolaus reissued a “hold” rating and set a GBX 390 price objective on shares of Rentokil Initial in a report on Thursday, March 5th. Finally, UBS Group raised shares of Rentokil Initial from a “neutral” rating to a “buy” rating and boosted their price objective for the company from GBX 430 to GBX 540 in a report on Thursday, March 12th.

Insider Buying and Selling at Rentokil Initial

In related news, insider Sally Johnson acquired 2,676 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was purchased at an average cost of GBX 483 per share, with a total value of £12,925.08. 2.83% of the stock is owned by insiders.

Rentokil Initial Stock Up 0.8%

Shares of Rentokil Initial stock opened at GBX 453.60 on Friday. 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 market capitalization of £11.41 billion, a PE ratio of 24.47, a price-to-earnings-growth ratio of 0.56 and a beta of 0.42. Rentokil Initial has a 52-week low of GBX 334.80 and a 52-week high of GBX 507. The company has a 50-day simple moving average of GBX 476.46 and a two-hundred day simple moving average of GBX 460.74.

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.