Rentokil Initial (RTO) Rating Reiterated by Peel Hunt
Peel Hunt restated their buy rating on shares of Rentokil Initial (LON:RTO) in a research report report published on Thursday morning. Peel Hunt currently has a GBX 348 ($4.65) target price on the stock.
Several other research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. restated an underweight rating and issued a GBX 211 ($2.82) target price on shares of Rentokil Initial in a report on Friday, October 20th. Goldman Sachs Group initiated coverage on shares of Rentokil Initial in a report on Monday, December 4th. They issued a buy rating and a GBX 400 ($5.35) target price on the stock. Jefferies Group initiated coverage on shares of Rentokil Initial in a report on Monday, December 4th. They issued a hold rating and a GBX 335 ($4.48) target price on the stock. HSBC raised their target price on shares of Rentokil Initial from GBX 235 ($3.14) to GBX 290 ($3.88) and gave the stock a hold rating in a report on Friday, November 17th. Finally, Credit Suisse Group lowered Rentokil Initial to a neutral rating and raised their price target for the stock from GBX 320 ($4.28) to GBX 340 ($4.55) in a research note on Wednesday. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Rentokil Initial presently has an average rating of Hold and a consensus target price of GBX 299.29 ($4.00).
Rentokil Initial (LON:RTO) opened at GBX 310.90 ($4.16) on Thursday. Rentokil Initial has a fifty-two week low of GBX 216.68 ($2.90) and a fifty-two week high of GBX 338.80 ($4.53). The stock has a market cap of $5,710.00 and a P/E ratio of 840.27.
In other news, insider Linda Yueh acquired 1,590 shares of the stock in a transaction on Friday, December 22nd. The stock was acquired at an average price of GBX 311 ($4.16) per share, with a total value of £4,944.90 ($6,611.71).
About Rentokil Initial
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 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 Analyst Ratings Network's FREE daily email newsletter.