Rentokil Initial plc (LON:RTO) Stock Has Consensus Price Target of GBX 455.75 According to Brokerages

Shares of Rentokil Initial plc (LON:RTO) have been given a consensus rating of “Moderate Buy” by the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 433.25.

A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 480 target price on shares of Rentokil Initial in a research note on Friday, September 18th. Jefferies Financial Group reissued a “buy” rating and set a GBX 370 price target on shares of Rentokil Initial in a research report on Friday, October 16th. Deutsche Bank Aktiengesellschaft reduced their target price on Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating for the company in a research note on Monday, August 3rd. Citigroup cut their price target on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. cut their price target on Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a report on Friday, July 31st.

Rentokil Initial Stock Down 1.2%

Shares of LON:RTO opened at GBX 337.70 on Friday. The company’s fifty day moving average is GBX 325.58 and its 200-day moving average is GBX 405.40. The company has a debt-to-equity ratio of 110.37, a quick ratio of 1.76 and a current ratio of 1.06. Rentokil Initial has a 52 week low of GBX 293.50 and a 52 week high of GBX 507. The company has a market capitalization of £8.50 billion, a PE ratio of 17.91, a P/E/G ratio of 0.56 and a beta of 0.41.

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.