Rentokil Initial’s (RTO) “Add” Rating Reaffirmed at Peel Hunt
Several other equities analysts have also issued reports on the company. Deutsche Bank raised their price objective on Rentokil Initial from GBX 320 ($4.18) to GBX 325 ($4.25) and gave the stock a hold rating in a report on Friday, August 17th. Jefferies Financial Group reaffirmed a hold rating on shares of Rentokil Initial in a report on Monday, August 6th. Numis Securities reaffirmed a hold rating and set a GBX 330 ($4.31) price objective on shares of Rentokil Initial in a report on Wednesday, August 1st. Citigroup raised their price objective on Rentokil Initial from GBX 240 ($3.14) to GBX 350 ($4.57) and gave the stock a neutral rating in a report on Tuesday, July 3rd. Finally, Credit Suisse Group raised their price objective on Rentokil Initial from GBX 330 ($4.31) to GBX 375 ($4.90) and gave the stock an outperform rating in a report on Monday, June 18th. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of GBX 365.83 ($4.78).
Shares of RTO stock opened at GBX 312.90 ($4.09) on Monday. Rentokil Initial has a 1 year low of GBX 238.20 ($3.11) and a 1 year high of GBX 338.80 ($4.43).
Rentokil Initial plc, through its subsidiaries, provides route-based services in North America, the United Kingdom, Europe, Asia, Pacific, and rest of world. It offers a range of pest control services from rodents to flying insects, as well as to other forms of wildlife management for commercial and residential customers.
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