Rentokil Initial (RTO) Now Covered by Analysts at Goldman Sachs Group
A number of other research analysts have also recently commented on RTO. Deutsche Bank raised their price target on shares of Rentokil Initial from GBX 285 ($3.84) to GBX 330 ($4.44) and gave the stock a buy rating in a research note on Friday, August 18th. HSBC raised their price target on shares of Rentokil Initial from GBX 235 ($3.16) to GBX 290 ($3.90) and gave the stock a hold rating in a research note on Friday, November 17th. Peel Hunt raised their price target on shares of Rentokil Initial from GBX 300 ($4.04) to GBX 348 ($4.68) and gave the stock a buy rating in a research note on Monday, November 13th. Finally, J P Morgan Chase & Co restated an underweight rating and set a GBX 211 ($2.84) price target on shares of Rentokil Initial in a research note on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. Rentokil Initial presently has a consensus rating of Buy and an average target price of GBX 294.29 ($3.96).
Shares of Rentokil Initial (LON RTO) traded down GBX 1.60 ($0.02) on Monday, reaching GBX 313.90 ($4.22). 3,171,530 shares of the company’s stock were exchanged, compared to its average volume of 4,740,000. Rentokil Initial has a 1 year low of GBX 204.50 ($2.75) and a 1 year high of GBX 338.80 ($4.56).
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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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