Rentokil Initial (RTO) Price Target Cut to GBX 330
Rentokil Initial (LON:RTO) had its price target decreased by Credit Suisse Group from GBX 340 ($4.77) to GBX 330 ($4.63) in a research report released on Wednesday. Credit Suisse Group currently has an outperform rating on the stock.
Several other analysts also recently commented on RTO. Peel Hunt reiterated an add rating and set a GBX 343 ($4.81) target price (down from GBX 348 ($4.88)) on shares of Rentokil Initial in a research note on Tuesday, January 23rd. HSBC increased their target price on Rentokil Initial from GBX 235 ($3.30) to GBX 290 ($4.07) and gave the company a hold rating in a research note on Friday, November 17th. Goldman Sachs Group assumed coverage on Rentokil Initial in a research note on Monday, December 4th. They set a buy rating and a GBX 400 ($5.61) target price on the stock. Jefferies Group assumed coverage on Rentokil Initial in a research note on Monday, December 4th. They set a hold rating and a GBX 335 ($4.70) target price on the stock. Finally, JPMorgan Chase & Co. reiterated an underweight rating and set a GBX 211 ($2.96) target price on shares of Rentokil Initial in a research note on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 298.21 ($4.18).
Rentokil Initial (LON:RTO) opened at GBX 286.70 ($4.02) on Wednesday. Rentokil Initial has a 52-week low of GBX 232.70 ($3.26) and a 52-week high of GBX 338.80 ($4.75). The firm has a market capitalization of $5,280.00 and a P/E ratio of 774.86.
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Rentokil Initial 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.
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