Rentokil Initial plc (LON:RTO) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Rentokil Initial plc (LON:RTO) have been given an average recommendation of “Moderate Buy” by the seven analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 475.71.

Several research analysts recently commented on RTO shares. Citigroup increased their price target on Rentokil Initial from GBX 550 to GBX 575 and gave the company a “buy” rating in a research report on Monday, March 16th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 540 price objective on shares of Rentokil Initial in a research note on Friday, June 5th. Jefferies Financial Group increased their price objective on Rentokil Initial from GBX 540 to GBX 550 and gave the company a “buy” rating in a report on Tuesday, March 10th. Finally, UBS Group upgraded shares of Rentokil Initial from a “neutral” rating to a “buy” rating and boosted their target price for the stock from GBX 430 to GBX 540 in a report on Thursday, March 12th.

Rentokil Initial Price Performance

Shares of LON RTO opened at GBX 443.83 on Wednesday. The stock has a market capitalization of £11.17 billion, a price-to-earnings ratio of 23.94, a PEG ratio of 0.56 and a beta of 0.43. The business has a 50-day moving average of GBX 456.91 and a 200-day moving average of GBX 463. The company has a debt-to-equity ratio of 111.54, a current ratio of 1.16 and a quick ratio of 1.76. Rentokil Initial has a fifty-two week low of GBX 334.80 and a fifty-two week 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.