Rentokil Initial (LON:RTO) Stock Rating Reaffirmed as Buy by Jefferies Financial Group

Rentokil Initial (LON:RTO)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Financial Group in a research report issued on Friday, Digital Look reports. They currently have a GBX 370 target price on the stock. Jefferies Financial Group’s target price suggests a potential upside of 17.72% from the company’s current price.

RTO has been the topic of several other reports. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating on the stock in a research report on Monday, August 3rd. JPMorgan Chase & Co. dropped their target price 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. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 480 target price on shares of Rentokil Initial in a research report on Friday, September 18th. Finally, Citigroup cut their price target on shares of Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research note on Friday, July 31st. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 433.25.

Rentokil Initial Stock Performance

Shares of RTO opened at GBX 314.30 on Friday. The company has a market cap of £7.91 billion, a PE ratio of 16.66, a price-to-earnings-growth ratio of 0.56 and a beta of 0.41. The company has a current ratio of 1.06, a quick ratio of 1.76 and a debt-to-equity ratio of 110.37. The stock has a 50-day moving average price of GBX 329.65 and a 200-day moving average price of GBX 410.95. Rentokil Initial has a 12-month low of GBX 293.50 and a 12-month high of GBX 507.

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. 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.