Brokerages Set Rentokil Initial plc (LON:RTO) Price Target at GBX 461.43

Shares of Rentokil Initial plc (LON:RTO) have received a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 461.43.

RTO has been the topic of several research analyst reports. Citigroup raised their price target on Rentokil Initial from GBX 550 to GBX 575 and gave the company a “buy” rating in a research report on Monday, March 16th. Jefferies Financial Group boosted their price objective on Rentokil Initial from GBX 540 to GBX 550 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. UBS Group upgraded Rentokil Initial from a “neutral” rating to a “buy” rating and increased their target price for the company from GBX 430 to GBX 540 in a research note on Thursday, March 12th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 390 target price on shares of Rentokil Initial in a report on Thursday, March 5th.

Rentokil Initial Stock Performance

Shares of RTO opened at GBX 475.60 on Monday. The company has a market capitalization of £11.96 billion, a PE ratio of 37.06, a price-to-earnings-growth ratio of 0.56 and a beta of 0.49. The company has a debt-to-equity ratio of 111.54, a current ratio of 1.16 and a quick ratio of 1.76. Rentokil Initial has a one year low of GBX 306 and a one year high of GBX 493.90. The company’s fifty day moving average price is GBX 462.59 and its 200 day moving average price is GBX 433.28.

Insider Buying and Selling at Rentokil Initial

In related news, insider Sally Johnson acquired 2,676 shares of the stock in a transaction dated Monday, March 16th. The shares were acquired at an average price of GBX 483 per share, for a total transaction of £12,925.08. Corporate insiders own 2.82% of the company’s stock.

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.