Deutsche Bank Aktiengesellschaft Has Lowered Expectations for Rentokil Initial (LON:RTO) Stock Price

Rentokil Initial (LON:RTO) had its price objective dropped by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 465 to GBX 405 in a research report issued to clients and investors on Monday,London Stock Exchange reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 17.70% from the stock’s current price.

Several other research firms have also commented on RTO. Jefferies Financial Group restated a “buy” rating and set a GBX 550 price target on shares of Rentokil Initial in a research report on Thursday, July 9th. Royal Bank Of Canada lowered their price target on shares of Rentokil Initial from GBX 540 to GBX 480 and set an “outperform” rating for the company in a report on Thursday. Citigroup dropped their price objective on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a report on Friday. Finally, JPMorgan Chase & Co. reduced their price target on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a research report on Friday. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Rentokil Initial currently has an average rating of “Moderate Buy” and a consensus target price of GBX 455.75.

Rentokil Initial Stock Performance

LON RTO opened at GBX 344.10 on Monday. The company has a current ratio of 1.06, a quick ratio of 1.76 and a debt-to-equity ratio of 45.09. The stock has a market cap of £8.66 billion, a PE ratio of 18.56, a P/E/G ratio of 0.56 and a beta of 0.43. The stock has a fifty day simple moving average of GBX 438.37 and a 200-day simple moving average of GBX 460.36. Rentokil Initial has a twelve month low of GBX 329.60 and a twelve month 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.