Rentokil Initial plc (RTO.L) – What Are Analysts Thinking About This Stock?

Rentokil Initial plc (LON:RTO) has been given an average rating of “Moderate Buy” by the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 433.25.

Several research analysts have commented on RTO shares. Citigroup cut their target price on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a report on Friday, July 31st. Jefferies Financial Group reiterated a “buy” rating and set a GBX 370 price target on shares of Rentokil Initial in a report on Friday, October 16th. Deutsche Bank Aktiengesellschaft lowered their price objective on Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating for the company in a research report on Monday, August 3rd. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 480 price objective on shares of Rentokil Initial in a research note on Friday, September 18th. Finally, JPMorgan Chase & Co. cut their target price on Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating on the stock in a research report on Friday, July 31st.

Rentokil Initial Price Performance

LON:RTO opened at GBX 314.90 on Friday. The company has a market cap of £7.92 billion, a PE ratio of 16.70, a P/E/G ratio of 0.56 and a beta of 0.41. The firm’s 50 day simple moving average is GBX 326.95 and its 200 day simple moving average is GBX 407.73. The company has a debt-to-equity ratio of 110.37, a current ratio of 1.06 and a quick ratio of 1.76. Rentokil Initial has a one year low of GBX 293.50 and a one year 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.