Rentokil Initial plc (RTO) Receives Average Rating of “Buy” from Brokerages
Shares of Rentokil Initial plc (LON:RTO) have been assigned an average rating of “Buy” from the twelve ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 282.08 ($3.71).
Several brokerages recently weighed in on RTO. HSBC Holdings PLC raised their price objective on shares of Rentokil Initial plc from GBX 235 ($3.09) to GBX 290 ($3.81) and gave the company a “hold” rating in a research report on Friday, November 17th. Peel Hunt raised their price objective on shares of Rentokil Initial plc from GBX 300 ($3.95) to GBX 348 ($4.58) and gave the company a “buy” rating in a research report on Monday, November 13th. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 211 ($2.78) price objective on shares of Rentokil Initial plc in a research report on Friday, October 20th. Deutsche Bank AG raised their price objective on shares of Rentokil Initial plc from GBX 285 ($3.75) to GBX 330 ($4.34) and gave the company a “buy” rating in a research report on Friday, August 18th. Finally, Barclays PLC reaffirmed an “overweight” rating and set a GBX 311 ($4.09) price objective on shares of Rentokil Initial plc in a research report on Friday, July 28th.
Shares of Rentokil Initial plc (RTO) traded up GBX 1.70 ($0.02) on Thursday, reaching GBX 324.90 ($4.27). 4,895,832 shares of the company traded hands, compared to its average volume of 4,790,000. Rentokil Initial plc has a 52-week low of GBX 204.50 ($2.69) and a 52-week high of GBX 338.80 ($4.46).
TRADEMARK VIOLATION WARNING: “Rentokil Initial plc (RTO) Receives Average Rating of “Buy” from Brokerages” was published by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The correct version of this article can be read at https://www.watchlistnews.com/rentokil-initial-plc-rto-receives-average-rating-of-buy-from-brokerages/1722654.html.
Rentokil Initial plc Company Profile
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.