Rentokil Initial’s (RTO) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

Rentokil Initial (LON:RTO)‘s stock had its “outperform” rating reissued by equities research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Friday,Digital Look reports. They presently have a GBX 540 target price on the stock. Royal Bank Of Canada’s target price points to a potential upside of 21.27% from the stock’s current price.

Other analysts also recently issued reports about the company. Jefferies Financial Group raised their target price on Rentokil Initial from GBX 540 to GBX 550 and gave the company a “buy” rating in a research note on Tuesday, March 10th. UBS Group upgraded Rentokil Initial from a “neutral” rating to a “buy” rating and lifted their price target for the company from GBX 430 to GBX 540 in a research note on Thursday, March 12th. Citigroup lifted their price target on Rentokil Initial from GBX 550 to GBX 575 and gave the company a “buy” rating in a research note on Monday, March 16th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a GBX 390 price target on shares of Rentokil Initial in a research note on Thursday, March 5th. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 475.71.

Rentokil Initial Stock Performance

Shares of RTO opened at GBX 445.30 on Friday. The company has a debt-to-equity ratio of 111.54, a current ratio of 1.16 and a quick ratio of 1.76. The stock has a 50-day moving average of GBX 478.53 and a 200-day moving average of GBX 459.18. The company has a market cap of £11.20 billion, a PE ratio of 24.02, a P/E/G ratio of 0.56 and a beta of 0.42. Rentokil Initial has a one year low of GBX 334.80 and a one year high of GBX 507.

Insider Buying and Selling at Rentokil Initial

In related news, insider Sally Johnson purchased 2,676 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were bought at an average price of GBX 483 per share, with a total value of £12,925.08. 2.82% of the stock is owned by insiders.

Rentokil Initial Company Profile

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers. The company provides hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers, and floor protection mats.