Rentokil Initial plc (LON:RTO) had its price target upped by equities research analysts at Peel Hunt from GBX 300 ($3.95) to GBX 348 ($4.58) in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock. Peel Hunt’s target price indicates a potential upside of 8.28% from the company’s previous close.
A number of other research firms have also recently weighed in on RTO. Barclays PLC reiterated an “overweight” rating and issued a GBX 311 ($4.09) target price on shares of Rentokil Initial plc in a research note on Friday, July 28th. Deutsche Bank AG upped their price target on shares of Rentokil Initial plc from GBX 285 ($3.75) to GBX 330 ($4.34) and gave the company a “buy” rating in a research note on Friday, August 18th. Finally, J P Morgan Chase & Co upped their price target on shares of Rentokil Initial plc from GBX 194 ($2.55) to GBX 211 ($2.78) and gave the company an “underweight” rating in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 281.36 ($3.70).
Rentokil Initial plc (RTO) opened at GBX 321.40 ($4.23) on Monday. Rentokil Initial plc has a 52 week low of GBX 204.50 ($2.69) and a 52 week high of GBX 338.80 ($4.46).
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Rentokil Initial plc 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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