Shares of Rentokil Initial plc (LON:RTO – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the five research firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 666.67 ($8.42).
Separately, Royal Bank of Canada upped their price objective on shares of Rentokil Initial from GBX 575 ($7.27) to GBX 590 ($7.46) and gave the company an “outperform” rating in a report on Tuesday, March 12th.
Insider Buying and Selling
Rentokil Initial Price Performance
Shares of LON RTO opened at GBX 471.70 ($5.96) on Friday. The firm’s 50-day moving average price is GBX 435.79 and its 200-day moving average price is GBX 465.56. Rentokil Initial has a 1-year low of GBX 387.80 ($4.90) and a 1-year high of GBX 663.80 ($8.39). The firm has a market capitalization of £11.89 billion, a P/E ratio of 3,930.83, a P/E/G ratio of 1.26 and a beta of 0.54. The company has a current ratio of 1.05, a quick ratio of 1.76 and a debt-to-equity ratio of 116.93.
Rentokil Initial Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, May 15th. Investors of record on Thursday, April 4th will be issued a GBX 5.93 ($0.07) dividend. This represents a dividend yield of 1.38%. The ex-dividend date is Thursday, April 4th. This is a positive change from Rentokil Initial’s previous dividend of $2.75. Rentokil Initial’s dividend payout ratio is currently 7,500.00%.
About Rentokil Initial
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.
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