Zacks Investment Research cut shares of Rentokil Initial PLC (OTCMKTS:RTOKY) from a buy rating to a hold rating in a research note released on Saturday.

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 weighed in on the stock. RBC Capital Markets lowered shares of Rentokil Initial PLC from a top pick rating to an outperform rating in a research note on Thursday, October 13th. Deutsche Bank AG upgraded shares of Rentokil Initial PLC from a hold rating to a buy rating in a report on Tuesday, August 2nd. Finally, HSBC upgraded shares of Rentokil Initial PLC from a reduce rating to a hold rating in a report on Monday, July 18th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and an average price target of $15.00.

Shares of Rentokil Initial PLC (OTCMKTS:RTOKY) opened at 13.55 on Friday. The company has a 50 day moving average price of $0.00 and a 200-day moving average price of $0.00. Rentokil Initial PLC has a one year low of $10.49 and a one year high of $15.24.

Rentokil Initial PLC Company Profile

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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