Rentokil Initial plc (LON:RTO) Given Average Recommendation of “Moderate Buy” by Brokerages

Rentokil Initial plc (LON:RTO) has been given an average recommendation of “Moderate Buy” by the seven analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 463.

RTO has been the subject of several research reports. Royal Bank Of Canada lowered their price objective on shares of Rentokil Initial from GBX 540 to GBX 480 and set an “outperform” rating for the company in a research report on Thursday. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 550 price target on shares of Rentokil Initial in a report on Thursday, July 9th. Citigroup dropped their price objective on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a report on Friday. Finally, JPMorgan Chase & Co. reduced their target price on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating on the stock in a research note on Friday.

Rentokil Initial Price Performance

Rentokil Initial stock opened at GBX 344.80 on Friday. The business’s fifty day moving average is GBX 438.37 and its two-hundred day moving average is GBX 460.48. The company has a debt-to-equity ratio of 45.09, a quick ratio of 1.76 and a current ratio of 1.06. The firm has a market cap of £8.68 billion, a P/E ratio of 18.60, a P/E/G ratio of 0.56 and a beta of 0.43. Rentokil Initial has a 52 week low of GBX 344.60 and a 52 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.