Rentokil Initial plc (LON:RTO) Given Consensus Rating of “Moderate Buy” by Brokerages

Rentokil Initial plc (LON:RTO) has earned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 461.43.

Several brokerages have recently commented on RTO. Citigroup upped their price objective on shares of Rentokil Initial from GBX 550 to GBX 575 and gave the stock a “buy” rating in a report on Monday, March 16th. UBS Group upgraded shares of Rentokil Initial from a “neutral” rating to a “buy” rating and lifted their target price for the company from GBX 430 to GBX 540 in a report on Thursday, March 12th. Jefferies Financial Group boosted their target price on Rentokil Initial from GBX 540 to GBX 550 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a GBX 390 target price on shares of Rentokil Initial in a research report on Thursday, March 5th.

Insider Transactions at Rentokil Initial

In other news, insider Sally Johnson bought 2,676 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was bought at an average cost of GBX 483 per share, for a total transaction of £12,925.08. 2.82% of the stock is currently owned by insiders.

Rentokil Initial Trading Down 0.2%

Shares of RTO stock opened at GBX 463 on Tuesday. The company has a debt-to-equity ratio of 111.54, a current ratio of 1.16 and a quick ratio of 1.76. The firm has a market cap of £11.65 billion, a PE ratio of 24.97, a price-to-earnings-growth ratio of 0.56 and a beta of 0.42. The company has a 50-day moving average of GBX 482.80 and a two-hundred day moving average of GBX 457.05. Rentokil Initial has a 1-year low of GBX 334.80 and a 1-year high of GBX 507.

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.