Rentokil Initial (LON:RTO) Sets New 1-Year Low – Should You Sell?

Rentokil Initial plc (LON:RTO)’s stock price hit a new 52-week low on Friday . The stock traded as low as GBX 344.60 and last traded at GBX 352, with a volume of 63397602 shares changing hands. The stock had previously closed at GBX 437.13.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 540 price target on shares of Rentokil Initial in a research note on Friday, June 5th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 550 target price on shares of Rentokil Initial in a report on Thursday, July 9th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 482.50.

Rentokil Initial Trading Up 1.8%

The company has a market cap of £9.02 billion, a P/E ratio of 19.34, a P/E/G ratio of 0.56 and a beta of 0.43. The stock’s 50-day moving average is GBX 440.76 and its two-hundred day moving average is GBX 461.29. The company has a debt-to-equity ratio of 111.54, a current ratio of 1.16 and a quick ratio of 1.76.

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.