Rentokil Initial (LON:RTO) Earns Hold Rating from Deutsche Bank Aktiengesellschaft

Rentokil Initial (LON:RTO)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Friday, Digital Look reports. They currently have a GBX 405 price objective on the stock. Deutsche Bank Aktiengesellschaft‘s price objective would suggest a potential upside of 20.61% from the stock’s previous close.

Other research analysts also recently issued research reports about the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 480 price objective on shares of Rentokil Initial in a report on Friday, September 18th. Citigroup decreased their target price on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research note on Friday, July 31st. JPMorgan Chase & Co. lowered their price target on Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a report on Friday, July 31st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 370 price target on shares of Rentokil Initial in a report on Friday, October 16th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 433.25.

Rentokil Initial Stock Down 1.8%

LON RTO traded down GBX 6 during trading on Friday, reaching GBX 335.80. 638,170,625 shares of the company’s stock were exchanged, compared to its average volume of 34,979,418. The stock has a market cap of £8.45 billion, a P/E ratio of 17.80, a price-to-earnings-growth ratio of 0.56 and a beta of 0.41. The company has a debt-to-equity ratio of 110.37, a quick ratio of 1.76 and a current ratio of 1.06. The company has a 50 day moving average price of GBX 325.58 and a two-hundred day moving average price of GBX 405.40. Rentokil Initial has a 1 year low of GBX 293.50 and a 1 year high of GBX 507.

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.