Rentokil Initial (RTO) Earns Add Rating from Peel Hunt
Rentokil Initial (LON:RTO)‘s stock had its “add” rating restated by analysts at Peel Hunt in a report released on Tuesday. They currently have a GBX 343 ($4.65) price target on the stock, down from their prior price target of GBX 348 ($4.72). Peel Hunt’s price target suggests a potential upside of 11.84% from the stock’s previous close.
RTO has been the topic of several other research reports. JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 211 ($2.86) target price on shares of Rentokil Initial in a research note on Friday, October 20th. HSBC increased their target price on Rentokil Initial from GBX 235 ($3.19) to GBX 290 ($3.93) and gave the company a “hold” rating in a research note on Friday, November 17th. Credit Suisse Group lowered Rentokil Initial to a “neutral” rating and increased their target price for the company from GBX 320 ($4.34) to GBX 340 ($4.61) in a research note on Wednesday, January 3rd. Jefferies Group initiated coverage on Rentokil Initial in a research note on Monday, December 4th. They issued a “hold” rating and a GBX 335 ($4.54) target price on the stock. Finally, Goldman Sachs Group initiated coverage on Rentokil Initial in a research note on Monday, December 4th. They issued a “buy” rating and a GBX 400 ($5.42) target price on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 298.93 ($4.05).
Shares of Rentokil Initial (LON:RTO) opened at GBX 303.40 ($4.11) on Tuesday. The firm has a market capitalization of $5,670.00 and a price-to-earnings ratio of 820.00. Rentokil Initial has a 52-week low of GBX 216.68 ($2.94) and a 52-week high of GBX 338.80 ($4.59).
Rentokil Initial 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.
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