Rentokil Initial plc (RTO) Receives GBX 277 Average PT from Brokerages
Shares of Rentokil Initial plc (LON:RTO) have earned an average rating of “Buy” from the eleven analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 277 ($3.58).
A number of equities research analysts have issued reports on RTO shares. Deutsche Bank AG upped their price target on shares of Rentokil Initial plc from GBX 285 ($3.68) to GBX 330 ($4.26) and gave the company a “buy” rating in a report on Friday, August 18th. Peel Hunt upped their price target on shares of Rentokil Initial plc from GBX 242 ($3.13) to GBX 300 ($3.87) and gave the company a “buy” rating in a report on Thursday, July 27th. Royal Bank Of Canada upped their price target on shares of Rentokil Initial plc from GBX 270 ($3.49) to GBX 300 ($3.87) and gave the company an “outperform” rating in a report on Monday, July 10th. BNP Paribas restated an “outperform” rating and set a GBX 315 ($4.07) price target on shares of Rentokil Initial plc in a report on Friday, June 16th. Finally, Barclays PLC restated an “overweight” rating and set a GBX 311 ($4.02) price target on shares of Rentokil Initial plc in a report on Friday, July 28th.
In related news, insider Jeremy Townsend sold 219,156 shares of the stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of GBX 291 ($3.76), for a total value of £637,743.96 ($823,639.36).
Shares of Rentokil Initial plc (LON RTO) traded down 1.65% during mid-day trading on Friday, hitting GBX 298.00. The stock had a trading volume of 4,293,041 shares. The company’s market cap is GBX 5.46 billion. Rentokil Initial plc has a one year low of GBX 204.50 and a one year high of GBX 309.98. The firm’s 50 day moving average price is GBX 295.17 and its 200-day moving average price is GBX 268.75.
The business also recently announced a dividend, which was paid on Wednesday, September 13th. Investors of record on Thursday, August 10th were paid a GBX 1.14 ($0.01) dividend. This represents a dividend yield of 0.41%. The ex-dividend date of this dividend was Thursday, August 10th.
ILLEGAL ACTIVITY NOTICE: “Rentokil Initial plc (RTO) Receives GBX 277 Average PT from Brokerages” was first published by Daily Political and is owned by of Daily Political. If you are reading this report on another website, it was illegally copied and reposted in violation of United States and international trademark & copyright laws. The legal version of this report can be read at https://www.dailypolitical.com/2017/09/14/rentokil-initial-plc-rto-receives-gbx-277-average-pt-from-brokerages.html.
Rentokil Initial plc Company Profile
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.
Receive News & Ratings for Rentokil Initial plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rentokil Initial plc and related companies with MarketBeat.com's FREE daily email newsletter.