Rentokil Initial’s (RTO) Hold Rating Reiterated at Deutsche Bank Aktiengesellschaft

Rentokil Initial (LON:RTO)‘s stock had its “hold” rating reiterated by stock analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Friday, Digital Look reports. They presently have a GBX 405 price objective on the stock. Deutsche Bank Aktiengesellschaft‘s price objective indicates a potential upside of 19.47% from the company’s current price.

Several other research analysts have also issued reports on the stock. Citigroup reduced their target price on shares of Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a research note on Friday, July 31st. Jefferies Financial Group reissued a “buy” rating and set a GBX 370 price target on shares of Rentokil Initial in a research note on Friday, October 16th. JPMorgan Chase & Co. cut 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. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 480 price objective on shares of Rentokil Initial in a report on Friday, September 18th. 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 433.25.

Rentokil Initial Trading Down 0.8%

RTO stock traded down GBX 2.80 during midday trading on Friday, reaching GBX 339. The stock had a trading volume of 1,904,428,500 shares, compared to its average volume of 41,126,301. The business has a fifty day simple moving average of GBX 325.34 and a two-hundred day simple moving average of GBX 404.94. The company has a quick ratio of 1.76, a current ratio of 1.06 and a debt-to-equity ratio of 110.37. The firm has a market cap of £8.53 billion, a price-to-earnings ratio of 17.97, a PEG ratio of 0.56 and a beta of 0.41. Rentokil Initial has a twelve month low of GBX 293.50 and a twelve 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.