Deutsche Bank Aktiengesellschaft Reaffirms Hold Rating for Rentokil Initial (LON:RTO)

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

A number of other research analysts have also recently weighed in on the company. JPMorgan Chase & Co. reduced their target price on Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating on the stock in a report on Friday, July 31st. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 370 price target on shares of Rentokil Initial in a research report on Friday, October 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 480 price target on shares of Rentokil Initial in a research report on Friday, September 18th. Finally, Citigroup decreased their price target on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research note on Friday, July 31st. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Rentokil Initial currently has a consensus rating of “Moderate Buy” and an average price target of GBX 433.25.

Rentokil Initial Stock Down 0.8%

RTO opened at GBX 339 on Friday. The business has a 50 day simple moving average of GBX 325.34 and a 200-day simple moving average of GBX 404.94. Rentokil Initial has a 12 month low of GBX 293.50 and a 12 month high of GBX 507. The stock has a market capitalization of £8.53 billion, a P/E ratio of 17.97, a P/E/G ratio of 0.56 and a beta of 0.41. The company has a debt-to-equity ratio of 110.37, a current ratio of 1.06 and a quick ratio of 1.76.

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.