Rentokil Initial PLC (RTOKY) Lowered to Hold at Zacks Investment Research
Zacks Investment Research cut shares of Rentokil Initial PLC (OTCMKTS:RTOKY) from a buy rating to a hold rating in a research report report published on Friday morning.
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. “
Shares of Rentokil Initial PLC (OTCMKTS RTOKY) traded up 1.58% during midday trading on Friday, hitting $20.57. 6,066 shares of the stock were exchanged. The firm has a market cap of $7.54 billion, a PE ratio of 8.43 and a beta of 0.58. The firm has a 50-day moving average price of $19.67 and a 200 day moving average price of $17.65. Rentokil Initial PLC has a 12-month low of $12.71 and a 12-month high of $20.75.
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The company also recently announced a None dividend, which was paid on Monday, September 25th. Investors of record on Friday, August 11th were paid a $0.066 dividend. The ex-dividend date of this dividend was Wednesday, August 9th.
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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