Rentokil Initial plc (LON:RTO) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Rentokil Initial plc (LON:RTO) have been assigned an average rating of “Moderate Buy” from the seven research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 461.43.

Several equities analysts have issued reports on RTO shares. Citigroup raised their price objective on Rentokil Initial from GBX 550 to GBX 575 and gave the stock a “buy” rating in a report on Monday, March 16th. UBS Group raised Rentokil Initial from a “neutral” rating to a “buy” rating and upped their target price for the company from GBX 430 to GBX 540 in a research report on Thursday, March 12th. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 390 price target on shares of Rentokil Initial in a research report on Thursday, March 5th. Finally, Jefferies Financial Group boosted their price objective on Rentokil Initial from GBX 540 to GBX 550 and gave the company a “buy” rating in a research note on Tuesday, March 10th.

Insiders Place Their Bets

In other Rentokil Initial news, insider Sally Johnson acquired 2,676 shares of the stock in a transaction on Monday, March 16th. The shares were bought at an average cost of GBX 483 per share, with a total value of £12,925.08. 2.82% of the stock is currently owned by corporate insiders.

Rentokil Initial Stock Performance

LON RTO opened at GBX 488.30 on Monday. The firm’s fifty day moving average price is GBX 462.95 and its 200 day moving average price is GBX 435.42. Rentokil Initial has a 12 month low of GBX 306 and a 12 month high of GBX 493.90. The company has a debt-to-equity ratio of 111.54, a current ratio of 1.16 and a quick ratio of 1.76. The company has a market capitalization of £12.28 billion, a price-to-earnings ratio of 38.05, a price-to-earnings-growth ratio of 0.56 and a beta of 0.49.

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.