Rentokil Initial plc (LON:RTO) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Rentokil Initial plc (LON:RTO) have earned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 455.75.

A number of brokerages have recently weighed in on RTO. JPMorgan Chase & Co. cut their price target on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a report on Friday, July 31st. 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. Citigroup lowered their price objective on shares of Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of 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, Royal Bank Of Canada reduced their target price on Rentokil Initial from GBX 540 to GBX 480 and set an “outperform” rating on the stock in a report on Thursday, July 30th.

Rentokil Initial Trading Up 0.0%

RTO opened at GBX 355.40 on Thursday. The stock has a market capitalization of £8.94 billion, a price-to-earnings ratio of 19.17, a P/E/G ratio of 0.56 and a beta of 0.40. 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 twelve month low of GBX 329.60 and a twelve month high of GBX 507. The company has a 50-day simple moving average of GBX 396.22 and a 200 day simple moving average of GBX 442.30.

About Rentokil Initial

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.