Rentokil Initial (OTCMKTS:RTOKY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Wednesday, May 2nd. The firm currently has a $24.00 target price on the business services provider’s stock. Zacks Investment Research‘s price objective points to a potential upside of 7.19% from the company’s previous close.
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. “
RTOKY has been the topic of several other reports. Jefferies Group upgraded Rentokil Initial from a “hold” rating to a “buy” rating in a research report on Friday, March 2nd. Deutsche Bank reiterated a “hold” rating on shares of Rentokil Initial in a research report on Monday, April 16th.
Shares of Rentokil Initial stock opened at $22.39 on Wednesday. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.09 and a current ratio of 1.21. Rentokil Initial has a 12 month low of $16.51 and a 12 month high of $22.82.
About Rentokil Initial
Rentokil Initial plc, through its subsidiaries, provides route-based services in North America, the United Kingdom, Europe, Asia, Pacific, and rest of world. It offers a range of pest control services from rodents to flying insects, as well as to other forms of wildlife management for commercial and residential customers.
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