Rentokil Initial plc (LON:RTO) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Rentokil Initial plc (LON:RTO) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 461.43.

RTO has been the subject of several analyst reports. Jefferies Financial Group lifted their price objective on shares of Rentokil Initial from GBX 540 to GBX 550 and gave the company a “buy” rating in a research note on Tuesday, March 10th. UBS Group raised shares of Rentokil Initial from a “neutral” rating to a “buy” rating and increased their target price for the stock from GBX 430 to GBX 540 in a research report on Thursday, March 12th. Citigroup raised their target price on Rentokil Initial from GBX 550 to GBX 575 and gave the company a “buy” rating in a report on Monday, March 16th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 390 price target on shares of Rentokil Initial in a research report on Thursday, March 5th.

Rentokil Initial Price Performance

LON RTO opened at GBX 479.07 on Tuesday. The company has a quick ratio of 1.76, a current ratio of 1.16 and a debt-to-equity ratio of 111.54. The stock has a market capitalization of £12.05 billion, a PE ratio of 25.84, a price-to-earnings-growth ratio of 0.56 and a beta of 0.42. The company has a 50 day moving average price of GBX 482.76 and a two-hundred day moving average price of GBX 455.39. Rentokil Initial has a 12-month low of GBX 334.80 and a 12-month high of GBX 507.

Insider Buying and Selling at Rentokil Initial

In related news, insider Sally Johnson acquired 2,676 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were acquired at an average cost of GBX 483 per share, with a total value of £12,925.08. Insiders own 2.82% of the company’s stock.

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 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.