Rentokil Initial PLC (RTOKY) Rating Increased to Buy at Zacks Investment Research
Rentokil Initial PLC (OTCMKTS:RTOKY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Friday. The firm currently has a $15.00 target price on the stock. Zacks Investment Research’s target price would indicate a potential upside of 8.74% from the stock’s previous close.
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. “
A number of other research analysts have also commented on RTOKY. HSBC upgraded Rentokil Initial PLC from a “reduce” rating to a “hold” rating in a research report on Monday, July 18th. Deutsche Bank AG upgraded Rentokil Initial PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, August 2nd. Finally, RBC Capital Markets lowered Rentokil Initial PLC from a “top pick” rating to an “outperform” rating in a research report on Thursday, October 13th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $15.00.
Shares of Rentokil Initial PLC (OTCMKTS:RTOKY) opened at 13.7942 on Friday. Rentokil Initial PLC has a 12 month low of $10.49 and a 12 month high of $15.24. The stock’s 50 day moving average price is $0.00 and its 200-day moving average price is $0.00.
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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