Rentokil Initial (LON:RTO)‘s stock had its “hold” rating reissued by Deutsche Bank in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
RTO has been the subject of a number of other reports. Peel Hunt reaffirmed a “hold” rating on shares of Rentokil Initial in a research note on Thursday. Jefferies Financial Group lifted their price target on shares of Rentokil Initial from GBX 520 ($6.40) to GBX 540 ($6.65) and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Goldman Sachs Group lifted their price target on shares of Rentokil Initial from GBX 500 ($6.15) to GBX 570 ($7.01) and gave the stock a “buy” rating in a research note on Friday, July 17th. JPMorgan Chase & Co. raised shares of Rentokil Initial to an “overweight” rating and lifted their price target for the stock from GBX 430 ($5.29) to GBX 560 ($6.89) in a research note on Friday, June 26th. Finally, Credit Suisse Group lifted their price target on shares of Rentokil Initial from GBX 360 ($4.43) to GBX 390 ($4.80) and gave the stock a “neutral” rating in a research note on Friday, April 17th. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of GBX 489.55 ($6.02).
Shares of LON:RTO opened at GBX 534.20 ($6.57) on Friday. Rentokil Initial has a 52 week low of GBX 5.06 ($0.06) and a 52 week high of GBX 549.40 ($6.76). The stock has a market capitalization of $9.91 billion and a P/E ratio of 35.14. The firm has a fifty day simple moving average of GBX 521.43 and a two-hundred day simple moving average of GBX 474.79. The company has a quick ratio of 0.86, a current ratio of 1.01 and a debt-to-equity ratio of 135.75.
Rentokil Initial (LON:RTO) last issued its quarterly earnings data on Thursday, July 30th. The company reported GBX 5.30 ($0.07) EPS for the quarter, topping analysts’ consensus estimates of GBX 2.90 ($0.04) by GBX 2.40 ($0.03). On average, analysts expect that Rentokil Initial will post 1409.6371116 earnings per share for the current year.
In related news, insider Daragh Fagan sold 3,000 shares of Rentokil Initial stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of £477.40 ($587.50), for a total transaction of £1,432,200 ($1,762,490.77).
Rentokil Initial Company Profile
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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