Rentokil Initial plc’s (RTO) Outperform Rating Reiterated at BNP Paribas
A number of other research analysts have also issued reports on RTO. Peel Hunt reiterated a buy rating and issued a GBX 242 ($3.08) target price on shares of Rentokil Initial plc in a research note on Thursday, February 23rd. J P Morgan Chase & Co raised their target price on shares of Rentokil Initial plc from GBX 177 ($2.26) to GBX 185 ($2.36) and gave the company an underweight rating in a research note on Friday, February 24th. Citigroup Inc. upgraded shares of Rentokil Initial plc to a neutral rating and raised their target price for the company from GBX 145 ($1.85) to GBX 240 ($3.06) in a research note on Monday, March 13th. Royal Bank Of Canada raised their target price on shares of Rentokil Initial plc from GBX 260 ($3.31) to GBX 270 ($3.44) and gave the company an outperform rating in a research note on Wednesday, March 29th. Finally, Numis Securities Ltd reiterated an add rating and issued a GBX 270 ($3.44) target price on shares of Rentokil Initial plc in a research note on Friday, March 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of GBX 255.73 ($3.26).
Rentokil Initial plc (LON:RTO) opened at 286.20 on Friday. The firm’s market cap is GBX 5.22 billion. The firm has a 50-day moving average of GBX 266.08 and a 200-day moving average of GBX 241.58. Rentokil Initial plc has a one year low of GBX 164.00 and a one year high of GBX 288.10.
COPYRIGHT VIOLATION WARNING: This news story was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and international trademark and copyright laws. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/06/22/rentokil-initial-plcs-rto-outperform-rating-reiterated-at-bnp-paribas.html.
In other news, insider Daragh Fagan sold 418 shares of the firm’s stock in a transaction dated Tuesday, April 25th. The shares were sold at an average price of GBX 245 ($3.12), for a total transaction of £1,024.10 ($1,304.75). Also, insider Chris Geoghegan acquired 19,830 shares of Rentokil Initial plc stock in a transaction dated Thursday, May 4th. The shares were acquired at an average cost of GBX 249 ($3.17) per share, with a total value of £49,376.70 ($62,908.27).
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.
Receive News & Stock Ratings for Rentokil Initial plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rentokil Initial plc and related stocks with our FREE daily email newsletter.