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

Rentokil Initial (LON:RTO)‘s stock had its “buy” rating restated by research analysts at Jefferies Financial Group in a research report issued to clients and investors on Friday, Digital Look reports. They currently have a GBX 370 target price on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 17.13% from the stock’s previous close.

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

Rentokil Initial Price Performance

RTO stock opened at GBX 315.90 on Friday. 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 firm has a 50-day moving average of GBX 328.73 and a two-hundred day moving average of GBX 409.93. Rentokil Initial has a 12 month low of GBX 293.50 and a 12 month high of GBX 507. The company has a market cap of £7.95 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 0.56 and a beta of 0.41.

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.