Rentokil Initial’s (RTO) “Buy” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Rentokil Initial (LON:RTO) in a report issued on Friday,Digital Look reports. The brokerage currently has a GBX 370 price target on the stock.

RTO has been the topic of several other reports. Citigroup cut their price target on shares of Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a report on Friday, July 31st. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 480 price objective on shares of Rentokil Initial in a research note on Friday, September 18th. JPMorgan Chase & Co. decreased their price objective on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a research note on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating for the company in a research report on Monday, August 3rd. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 433.25.

Rentokil Initial Price Performance

RTO opened at GBX 315.90 on Friday. The stock has a fifty day simple moving average of GBX 328.73 and a two-hundred day simple moving average of GBX 409.93. The company has a market cap of £7.95 billion, a price-to-earnings ratio of 16.75, a price-to-earnings-growth ratio of 0.56 and a beta of 0.41. The company has a current ratio of 1.06, a quick ratio of 1.76 and a debt-to-equity ratio of 110.37. Rentokil Initial has a 12-month low of GBX 293.50 and a 12-month 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.