Rentokil Initial plc (LON:RTO) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Rentokil Initial plc (LON:RTO) have been assigned an average recommendation of “Moderate Buy” from the eight research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 455.75.

Several brokerages have recently commented on RTO. JPMorgan Chase & Co. decreased their target price on Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a research report on Friday, July 31st. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 480 price target on shares of Rentokil Initial in a research report on Friday, September 18th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 550 price objective on shares of Rentokil Initial in a research note on Thursday, July 9th. Deutsche Bank Aktiengesellschaft decreased their price objective on Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating for the company in a research report on Monday, August 3rd. Finally, Citigroup lowered their target price on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a research note on Friday, July 31st.

Rentokil Initial Price Performance

Shares of LON:RTO opened at GBX 308.70 on Monday. The company’s fifty day moving average is GBX 358.04 and its two-hundred day moving average is GBX 427.80. The company has a quick ratio of 1.76, a current ratio of 1.06 and a debt-to-equity ratio of 110.37. Rentokil Initial has a 12-month low of GBX 306 and a 12-month high of GBX 507. The company has a market cap of £7.77 billion, a P/E ratio of 16.37, a price-to-earnings-growth ratio of 0.56 and a beta of 0.41.

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.