Rentokil Initial (RTOKY) Rating Increased to Buy at Zacks Investment Research
Rentokil Initial (OTCMKTS:RTOKY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday. The brokerage currently has a $23.00 price objective on the business services provider’s stock. Zacks Investment Research‘s target price would suggest a potential upside of 10.52% from the stock’s current price.
According to Zacks, “Rentokil Initial plc provides business support services including pest control, package delivery, interior landscaping, catering, cleaning, washroom solutions and textiles. Building services includes installation and maintenance of heating, ventilation and air conditioning equipment, water testing and treatment; and electrical testing and safety services. Its cleaning companies provide a professional cleaning service to industry, commerce, hotels, schools, hospitals, airports and other transport facilities. Its specialist services include the supply of non-medical hospital staff, the manufacture of washroom dispensing systems. Its interior landscaping offers indoor plants to customers on a rental or purchase basis. Linen, Garment and Floorcare Rental supplies workwear, uniforms, clean room uniforms and protective equipment. Rentokil Initial plc is based in Gatwick, the United Kingdom. “
Shares of RTOKY stock opened at $20.81 on Wednesday. The stock has a market cap of $7.66 billion, a price-to-earnings ratio of 26.68, a PEG ratio of 2.47 and a beta of 0.63. Rentokil Initial has a 1 year low of $18.21 and a 1 year high of $24.25. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.09 and a current ratio of 1.21.
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.
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