Rentokil Initial plc (LON:RTO – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three 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 666.67 ($8.42).
Separately, Royal Bank of Canada lifted their price target on shares of Rentokil Initial from GBX 575 ($7.27) to GBX 590 ($7.46) and gave the stock an “outperform” rating in a research note on Tuesday, March 12th.
Check Out Our Latest Analysis on RTO
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Rentokil Initial Stock Performance
Shares of LON:RTO opened at GBX 472.50 ($5.97) on Friday. Rentokil Initial has a 52 week low of GBX 387.80 ($4.90) and a 52 week high of GBX 663.80 ($8.39). The stock has a market capitalization of £11.91 billion, a P/E ratio of 3,937.50, a PEG ratio of 1.26 and a beta of 0.54. The firm has a fifty day simple moving average of GBX 432.83 and a two-hundred day simple moving average of GBX 466.31. The company has a quick ratio of 1.76, a current ratio of 1.05 and a debt-to-equity ratio of 116.93.
Rentokil Initial Increases Dividend
The company also recently declared a dividend, which will be paid on Wednesday, May 15th. Investors of record on Thursday, April 4th will be paid a dividend of GBX 5.93 ($0.07) per share. The ex-dividend date of this dividend is Thursday, April 4th. This is a boost from Rentokil Initial’s previous dividend of $2.75. This represents a dividend yield of 1.38%. Rentokil Initial’s payout ratio is currently 7,500.00%.
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.
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