Rentokil Initial plc (LON:RTO) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Rentokil Initial plc (LON:RTO) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 475.71.

A number of brokerages have commented on RTO. Citigroup upped their target price on shares of Rentokil Initial from GBX 550 to GBX 575 and gave the company a “buy” rating in a report on Monday, March 16th. Jefferies Financial Group upped their target price on shares of Rentokil Initial from GBX 540 to GBX 550 and gave the company a “buy” rating in a report on Tuesday, March 10th. UBS Group raised shares of Rentokil Initial from a “neutral” rating to a “buy” rating and upped their target price for the company from GBX 430 to GBX 540 in a report on Thursday, March 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 540 target price on shares of Rentokil Initial in a report on Friday, June 5th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a GBX 390 price target on shares of Rentokil Initial in a research report on Thursday, March 5th.

Insider Buying and Selling at Rentokil Initial

In other news, insider Sally Johnson purchased 2,676 shares of the company’s stock in a transaction on Monday, March 16th. The stock was acquired at an average cost of GBX 483 per share, for a total transaction of £12,925.08. 2.83% of the stock is currently owned by insiders.

Rentokil Initial Stock Up 0.8%

Shares of RTO stock opened at GBX 453.60 on Friday. Rentokil Initial has a 12 month low of GBX 334.80 and a 12 month high of GBX 507. The stock has a market cap of £11.41 billion, a P/E ratio of 24.47, a P/E/G ratio of 0.56 and a beta of 0.42. 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 company has a 50 day simple moving average of GBX 476.46 and a two-hundred day simple moving average of GBX 460.74.

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.