Deutsche Bank Aktiengesellschaft Cuts Rentokil Initial (LON:RTO) Price Target to GBX 405

Rentokil Initial (LON:RTO) had its target price trimmed by Deutsche Bank Aktiengesellschaft from GBX 465 to GBX 405 in a research report sent to investors on Monday morning, MarketBeat reports. The firm currently has a hold rating on the stock.

RTO has been the topic of several other reports. Citigroup reduced their price target on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a research note on Friday, July 31st. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 550 target price on shares of Rentokil Initial in a research report on Thursday, July 9th. Royal Bank Of Canada decreased their price target on shares of Rentokil Initial from GBX 540 to GBX 480 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a research report on Friday, July 31st. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 455.75.

Rentokil Initial Stock Up 0.1%

Shares of LON:RTO opened at GBX 370.50 on Monday. The firm has a market capitalization of £9.32 billion, a P/E ratio of 19.98, a P/E/G ratio of 0.56 and a beta of 0.43. The company has a debt-to-equity ratio of 110.37, a quick ratio of 1.76 and a current ratio of 1.06. The stock has a 50 day moving average price of GBX 432.33 and a 200-day moving average price of GBX 458.27. Rentokil Initial has a 52-week low of GBX 329.60 and a 52-week high of GBX 507.

About Rentokil Initial

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. The company provides hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers, and floor protection mats.