Rentokil Initial (LON:RTO) Price Target Raised to GBX 550

Rentokil Initial (LON:RTO) had its price objective hoisted by Jefferies Financial Group from GBX 540 to GBX 550 in a report released on Tuesday morning, Marketbeat.com reports. The firm currently has a buy rating on the stock.

Separately, Stifel Nicolaus restated a “hold” rating and set a GBX 390 price target on shares of Rentokil Initial in a research note on Thursday, March 5th. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Rentokil Initial currently has an average rating of “Moderate Buy” and an average price target of GBX 450.71.

Rentokil Initial Trading Up 4.3%

Shares of RTO opened at GBX 487.40 on Tuesday. Rentokil Initial has a twelve month low of GBX 306 and a twelve month high of GBX 493.60. The firm has a market capitalization of £12.26 billion, a P/E ratio of 37.98, a price-to-earnings-growth ratio of 0.56 and a beta of 0.49. The company has a current ratio of 1.16, a quick ratio of 1.76 and a debt-to-equity ratio of 111.54. The stock’s fifty day simple moving average is GBX 459.96 and its 200 day simple moving average is GBX 422.86.

Rentokil Initial Company Profile

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 for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers. The company provides hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers, and floor protection mats.