Brokerages Set Rentokil Initial plc (LON:RTO) Target Price at GBX 414.17

Shares of Rentokil Initial plc (LON:RTO) have been given an average rating of “Hold” by the five ratings firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 414.17.

RTO has been the subject of several recent research reports. Berenberg Bank boosted their price target on Rentokil Initial from GBX 284 to GBX 300 and gave the company a “sell” rating in a research note on Monday, November 3rd. Citigroup lifted their price objective on Rentokil Initial from GBX 470 to GBX 500 and gave the company a “buy” rating in a report on Friday, October 24th. Finally, UBS Group reissued a “neutral” rating and set a GBX 380 target price on shares of Rentokil Initial in a report on Friday, October 17th.

Rentokil Initial Stock Performance

LON RTO opened at GBX 471.40 on Wednesday. The firm has a 50-day moving average price of GBX 426.97 and a two-hundred day moving average price of GBX 391.59. Rentokil Initial has a 12-month low of GBX 306 and a 12-month high of GBX 480. The company has a market capitalization of £11.85 billion, a P/E ratio of 36.73, a P/E/G ratio of 0.56 and a beta of 0.55. The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 113.35.

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.