Rentokil Initial (LON:RTO) Stock Keeps Hold Rating at Deutsche Bank Aktiengesellschaft

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

Other equities analysts also recently issued reports about the stock. JPMorgan Chase & Co. cut their price target 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. 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. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 370 target price on shares of Rentokil Initial in a research note on Friday, October 16th. Finally, Citigroup reduced their price target on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a report on Friday, July 31st. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 433.25.

Rentokil Initial Trading Down 0.8%

Shares of LON RTO traded down GBX 2.80 during trading hours on Friday, hitting GBX 339. 1,904,428,500 shares of the company traded hands, compared to its average volume of 41,126,301. The stock has a market capitalization of £8.53 billion, a price-to-earnings ratio of 17.97, 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. The company’s 50 day moving average price is GBX 325.34 and its 200 day moving average price is GBX 404.94. Rentokil Initial has a 12 month low of GBX 293.50 and a 12 month high of GBX 507.

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.