Rentokil Initial plc (LON:RTO) Receives GBX 634.29 Consensus Target Price from Brokerages

Rentokil Initial plc (LON:RTO) has received a consensus rating of “Buy” from the nine research firms that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 634.29 ($8.61).

A number of brokerages have recently issued reports on RTO. Morgan Stanley reissued an “overweight” rating on shares of Rentokil Initial in a research report on Monday, November 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 630 ($8.55) target price on shares of Rentokil Initial in a research report on Wednesday. Citigroup cut shares of Rentokil Initial to a “neutral” rating and set a GBX 650 ($8.82) target price for the company. in a research report on Tuesday, December 14th. Barclays reissued a “suspended” rating on shares of Rentokil Initial in a research report on Tuesday, December 14th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 700 ($9.50) target price on shares of Rentokil Initial in a research report on Thursday, December 16th.

Shares of Rentokil Initial stock traded down GBX 8.20 ($0.11) during trading on Friday, reaching GBX 518.80 ($7.04). The company’s stock had a trading volume of 4,428,579 shares, compared to its average volume of 3,815,913. The business’s 50-day moving average price is GBX 591.76 and its 200-day moving average price is GBX 570.87. The firm has a market cap of £9.65 billion and a PE ratio of 37.60. Rentokil Initial has a 52 week low of GBX 457.80 ($6.21) and a 52 week high of GBX 662 ($8.99). The company has a quick ratio of 0.97, a current ratio of 1.03 and a debt-to-equity ratio of 252.55.

About Rentokil Initial

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services from rodents to flying and crawling insects, as well as to other forms of wildlife management for commercial and residential customers.

See Also: What is a SEC Filing?

Analyst Recommendations for Rentokil Initial (LON:RTO)

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.