Rentokil Initial plc (LON:RTO) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of Rentokil Initial plc (LON:RTO) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 452.29.

Several equities research analysts have weighed in on RTO shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 370 price target on shares of Rentokil Initial in a research note on Friday, October 16th. Deutsche Bank reissued a “hold” rating and set a GBX 405 price objective on shares of Rentokil Initial in a research report on Friday, October 23rd. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 480 price objective on shares of Rentokil Initial in a research report on Friday, September 18th. JPMorgan Chase & Co. reduced their target price on Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a research note on Friday, July 31st. Finally, Citigroup decreased their target price on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research report on Friday, July 31st.

Rentokil Initial Stock Up 0.6%

LON RTO traded up GBX 2 on Tuesday, hitting GBX 360. 8,834,949 shares of the company were exchanged, compared to its average volume of 30,262,566. The company has a market cap of £9.05 billion, a PE ratio of 19.09, a PEG ratio of 0.56 and a beta of 0.41. Rentokil Initial has a 12 month low of GBX 293.50 and a 12 month high of GBX 507. The stock has a fifty day moving average of GBX 326.78 and a 200-day moving average of GBX 413.85. The company has a current ratio of 1.06, a quick ratio of 1.76 and a debt-to-equity ratio of 110.37.

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.