Rentokil Initial plc (LON:RTO) is set to announce its earnings results before the market opens on Thursday, July 28th.
Shares of Rentokil Initial plc (LON:RTO) traded up 0.09% during midday trading on Wednesday, reaching GBX 212.00. 3,137,909 shares of the company’s stock traded hands. The stock’s market cap is GBX 3.86 billion. The stock has a 50-day moving average price of GBX 194.85 and a 200-day moving average price of GBX 175.36. Rentokil Initial plc has a 52-week low of GBX 138.70 and a 52-week high of GBX 215.70.
Several equities research analysts recently issued reports on the stock. HSBC raised shares of Rentokil Initial plc to a “hold” rating and lifted their price target for the company from GBX 145 ($1.92) to GBX 190 ($2.52) in a report on Monday, July 18th. Royal Bank Of Canada lifted their target price on shares of Rentokil Initial plc from GBX 220 ($2.92) to GBX 240 ($3.18) and gave the stock a “top pick” rating in a research report on Monday, July 11th. JPMorgan Chase & Co. lifted their target price on shares of Rentokil Initial plc from GBX 147 ($1.95) to GBX 155 ($2.06) and gave the stock an “underweight” rating in a research report on Friday, July 8th. Deutsche Bank AG reiterated a “hold” rating and set a GBX 160 ($2.12) target price on shares of Rentokil Initial plc in a research report on Friday, July 8th. Finally, Barclays PLC lifted their target price on shares of Rentokil Initial plc from GBX 178 ($2.36) to GBX 215 ($2.85) and gave the stock an “overweight” rating in a research report on Friday, July 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of GBX 189.55 ($2.51).
Rentokil Initial plc is engaged in the provision of route-based services. The Company’s services include pest control, hygiene, workwear and plants, which are delivered through five regional businesses, including North America, Europe, United Kingdom and Rest of World, Asia and Pacific. The Company’s brands include Rentokil, Initial and Ambius.
