Rentokil Initial plc (RTO) Given New GBX 300 Price Target at Peel Hunt
Rentokil Initial plc (LON:RTO) had its target price boosted by Peel Hunt from GBX 242 ($3.15) to GBX 300 ($3.91) in a research report report published on Thursday morning. They currently have a buy rating on the stock.
Other analysts have also recently issued research reports about the company. Numis Securities Ltd reissued an add rating and set a GBX 270 ($3.52) price objective on shares of Rentokil Initial plc in a report on Friday, March 31st. HSBC Holdings plc reissued a hold rating and set a GBX 235 ($3.06) price objective on shares of Rentokil Initial plc in a report on Monday, April 10th. Credit Suisse Group reissued an outperform rating and set a GBX 270 ($3.52) price objective on shares of Rentokil Initial plc in a report on Wednesday, April 19th. Royal Bank Of Canada increased their price objective on Rentokil Initial plc from GBX 260 ($3.39) to GBX 270 ($3.52) and gave the stock an outperform rating in a report on Wednesday, March 29th. Finally, BNP Paribas reissued an outperform rating and set a GBX 315 ($4.10) price objective on shares of Rentokil Initial plc in a report on Friday, June 16th. One analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. Rentokil Initial plc has an average rating of Buy and a consensus target price of GBX 270.64 ($3.53).
The firm also recently declared a dividend, which will be paid on Wednesday, September 13th. Shareholders of record on Thursday, August 10th will be issued a GBX 1.14 ($0.01) dividend. The ex-dividend date is Thursday, August 10th. This represents a dividend yield of 0.41%.
In other news, insider Chris Geoghegan acquired 19,830 shares of Rentokil Initial plc stock in a transaction dated Thursday, May 4th. The shares were purchased at an average cost of GBX 249 ($3.24) per share, for a total transaction of £49,376.70 ($64,326.08).
About Rentokil Initial plc
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.
Receive News & Ratings for Rentokil Initial plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rentokil Initial plc and related companies with Analyst Ratings Network's FREE daily email newsletter.