Rentokil Initial’s (RTO) Outperform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of Rentokil Initial (LON:RTO) in a research report sent to investors on Friday morning, MarketBeat Ratings reports. Royal Bank Of Canada currently has a GBX 480 target price on the stock.

RTO has been the topic of several other reports. JPMorgan Chase & Co. decreased their price objective on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating on the stock in a report on Friday, July 31st. Citigroup cut their target price on shares of Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating for the company in a research report on Monday, August 3rd. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 550 price target on shares of Rentokil Initial in a research note on Thursday, July 9th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 455.75.

Rentokil Initial Price Performance

Rentokil Initial stock opened at GBX 319.30 on Friday. The company’s fifty day moving average price is GBX 370.86 and its 200 day moving average price is GBX 432.30. Rentokil Initial has a 1 year low of GBX 319.27 and a 1 year high of GBX 507. The stock has a market capitalization of £8.03 billion, a P/E ratio of 16.93, a P/E/G 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.

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.