Rentokil Initial PLC (RTOKY) Lowered to Hold at Zacks Investment Research
Rentokil Initial PLC (OTCMKTS:RTOKY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.
According to Zacks, “Rentokil Initial plc provides business support services including pest control, package delivery, interior landscaping, catering, cleaning, washroom solutions and textiles. Building services includes installation and maintenance of heating, ventilation and air conditioning equipment, water testing and treatment; and electrical testing and safety services. Its cleaning companies provide a professional cleaning service to industry, commerce, hotels, schools, hospitals, airports and other transport facilities. Its specialist services include the supply of non-medical hospital staff, the manufacture of washroom dispensing systems. Its interior landscaping offers indoor plants to customers on a rental or purchase basis. Linen, Garment and Floorcare Rental supplies workwear, uniforms, clean room uniforms and protective equipment. Rentokil Initial plc is based in Gatwick, the United Kingdom. “
Several other research firms have also issued reports on RTOKY. HSBC upgraded shares of Rentokil Initial PLC from a “reduce” rating to a “hold” rating in a research report on Monday, July 18th. Deutsche Bank AG upgraded shares of Rentokil Initial PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, August 2nd.
Rentokil Initial PLC (OTCMKTS:RTOKY) opened at 14.85 on Tuesday. The stock’s 50 day moving average price is $14.67 and its 200 day moving average price is $13.53. Rentokil Initial PLC has a 52-week low of $10.49 and a 52-week high of $15.04. The firm has a market capitalization of $5.41 billion, a PE ratio of 31.26 and a beta of 0.87.
About Rentokil Initial PLC
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.
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