Rentokil Initial (LON:RTO – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Financial Group in a research note issued to investors on Thursday, Digital Look reports. They currently have a GBX 600 ($7.47) price objective on the stock. Jefferies Financial Group’s price objective points to a potential upside of 43.75% from the company’s previous close.
Separately, Royal Bank of Canada raised their price target on shares of Rentokil Initial from GBX 575 ($7.16) to GBX 590 ($7.34) and gave the stock an “outperform” rating in a research note on Tuesday, March 12th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 636.80 ($7.93).
Check Out Our Latest Research Report on RTO
Rentokil Initial Price Performance
Insider Transactions at Rentokil Initial
In related news, insider Andy M. Ransom sold 464,245 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of GBX 489 ($6.09), for a total transaction of £2,270,158.05 ($2,826,040.15). Insiders own 1.10% of the company’s stock.
Rentokil Initial Company Profile
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.
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