Rentokil Initial (RTOKY) Downgraded by Zacks Investment Research to Sell

Rentokil Initial (OTCMKTS:RTOKY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday, Zacks.com reports.

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. “

A number of other brokerages have also issued reports on RTOKY. Peel Hunt raised Rentokil Initial from a “hold” rating to an “add” rating in a research note on Friday, January 25th. Citigroup raised Rentokil Initial from a “neutral” rating to a “buy” rating in a research note on Friday, February 1st. Finally, Goldman Sachs Group lowered Rentokil Initial from a “buy” rating to a “neutral” rating in a research note on Monday, January 21st.

RTOKY opened at $25.26 on Thursday. Rentokil Initial has a 52 week low of $18.27 and a 52 week high of $26.30.

Rentokil Initial Company Profile

Rentokil Initial plc, through 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 from rodents to flying and crawling insects, as well as to other forms of wildlife management for commercial and residential customers.

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