Canaccord Genuity Reaffirms Sell Rating on Rentokil Initial (RTO)
Rentokil Initial (LON: RTO)‘s stock had its “sell” rating reaffirmed by research analysts at Canaccord Genuity in a report released on Wednesday. They currently have a $1.15 (72 GBX) target price on the stock.
Rentokil Initial opened at 88.50 on Wednesday. Rentokil Initial has a 1-year low of GBX 57.55 and a 1-year high of GBX 90.65. The company’s market cap is £1.601 billion.
A number of other analysts have also recently weighed in on RTO. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Rentokil Initial in a research note to investors on Tuesday, November 13th. They now have a $1.48 price target on the stock. Separately, analysts at RBC Capital reiterated a “top pick” rating on shares of Rentokil Initial in a research note to investors on Wednesday, November 7th. They now have a $1.60 price target on the stock. Finally, analysts at JPMorgan Chase reiterated an “underweight” rating on shares of Rentokil Initial in a research note to investors on Monday, November 5th. They now have a $0.98 price target on the stock.
Rentokil Initial plc is the holding company. Revenue is generated from pest control, hygiene, textiles, interior plants, facilities services and parcel delivery.
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