Rentokil Initial (RTO) PT Lowered to GBX 400 at Goldman Sachs Group
Rentokil Initial (LON:RTO) had its price target dropped by Goldman Sachs Group from GBX 420 ($5.49) to GBX 400 ($5.23) in a research note issued on Monday. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group’s price target indicates a potential upside of 14.61% from the stock’s current price.
Other research analysts also recently issued research reports about the stock. Peel Hunt reissued an “add” rating on shares of Rentokil Initial in a research report on Thursday, February 28th. Deutsche Bank reissued a “hold” rating on shares of Rentokil Initial in a research report on Friday, March 1st. Credit Suisse Group raised their target price on shares of Rentokil Initial from GBX 375 ($4.90) to GBX 400 ($5.23) and gave the company an “outperform” rating in a research report on Wednesday, December 12th. Finally, JPMorgan Chase & Co. raised their target price on shares of Rentokil Initial from GBX 350 ($4.57) to GBX 370 ($4.83) and gave the company an “overweight” rating in a research report on Tuesday, March 5th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 370.91 ($4.85).
LON RTO opened at GBX 349 ($4.56) on Monday. The company has a current ratio of 0.88, a quick ratio of 0.76 and a debt-to-equity ratio of 152.01. The stock has a market cap of $6.35 billion and a price-to-earnings ratio of -65.85. Rentokil Initial has a one year low of GBX 261.90 ($3.42) and a one year high of GBX 361.20 ($4.72).
Rentokil Initial plc, through its subsidiaries, provides route-based services in North America, the United Kingdom, Europe, Asia, Pacific, and rest of world. It offers a range of pest control services from rodents to flying insects, as well as to other forms of wildlife management for commercial and residential customers.
Further Reading: Trading Ex-Dividend
Receive News & Ratings for Rentokil Initial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rentokil Initial and related companies with MarketBeat.com's FREE daily email newsletter.