Credit Suisse Group lowered shares of Rentokil Initial (LON:RTO) to a neutral rating in a research report released on Wednesday. The firm currently has GBX 340 ($4.55) price objective on the stock, up from their prior price objective of GBX 320 ($4.28).

Several other brokerages also recently weighed in on RTO. Goldman Sachs Group initiated coverage on Rentokil Initial in a research report on Monday, December 4th. They set a buy rating and a GBX 400 ($5.35) price objective for the company. Jefferies Group initiated coverage on Rentokil Initial in a research report on Monday, December 4th. They set a hold rating and a GBX 335 ($4.48) price objective for the company. Peel Hunt upped their price objective on Rentokil Initial from GBX 300 ($4.01) to GBX 348 ($4.65) and gave the stock a buy rating in a research report on Monday, November 13th. HSBC upped their price objective on Rentokil Initial from GBX 235 ($3.14) to GBX 290 ($3.88) and gave the stock a hold rating in a research report on Friday, November 17th. Finally, JPMorgan Chase & Co. restated an underweight rating and set a GBX 211 ($2.82) price objective on shares of Rentokil Initial in a research report on Friday, October 20th. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. Rentokil Initial presently has an average rating of Hold and a consensus price target of GBX 299.29 ($4.00).

Shares of Rentokil Initial (LON:RTO) opened at GBX 310.90 ($4.16) on Wednesday. Rentokil Initial has a 1 year low of GBX 216.68 ($2.90) and a 1 year high of GBX 338.80 ($4.53). The firm has a market capitalization of $5,640.00 and a price-to-earnings ratio of 840.27.

In related news, insider Linda Yueh acquired 1,590 shares of the stock in a transaction dated Friday, December 22nd. The stock was bought at an average cost of GBX 311 ($4.16) per share, for a total transaction of £4,944.90 ($6,611.71).

ILLEGAL ACTIVITY WARNING: This news story was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another domain, it was copied illegally and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://www.thecerbatgem.com/2018/01/06/rentokil-initial-rto-cut-to-neutral-at-credit-suisse-group.html.

About Rentokil Initial

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.

Analyst Recommendations for Rentokil Initial (LON:RTO)

Receive News & Stock Ratings for Rentokil Initial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rentokil Initial and related stocks with our FREE daily email newsletter.