Rentokil Initial plc (LON:RTO) Receives GBX 475.71 Consensus Price Target from Brokerages

Shares of Rentokil Initial plc (LON:RTO) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 475.71.

RTO has been the topic of several research reports. UBS Group raised Rentokil Initial from a “neutral” rating to a “buy” rating and lifted their price objective for the company from GBX 430 to GBX 540 in a research report on Thursday, March 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 540 price objective on shares of Rentokil Initial in a research report on Friday, June 5th. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 390 price objective on shares of Rentokil Initial in a research report on Thursday, March 5th. Citigroup lifted their price objective on Rentokil Initial from GBX 550 to GBX 575 and gave the company a “buy” rating in a research report on Monday, March 16th. Finally, Jefferies Financial Group lifted their price objective on Rentokil Initial from GBX 540 to GBX 550 and gave the company a “buy” rating in a research report on Tuesday, March 10th.

Rentokil Initial Stock Performance

Rentokil Initial stock opened at GBX 429 on Friday. The stock’s 50 day simple moving average is GBX 471.46 and its two-hundred day simple moving average is GBX 461.75. The company has a debt-to-equity ratio of 111.54, a quick ratio of 1.76 and a current ratio of 1.16. The stock has a market cap of £10.79 billion, a price-to-earnings ratio of 23.14, a PEG ratio of 0.56 and a beta of 0.42. Rentokil Initial has a fifty-two week low of GBX 334.80 and a fifty-two week 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.