Royal Bank Of Canada Reiterates “Outperform” Rating for Rentokil Initial (LON:RTO)

Rentokil Initial (LON:RTO)‘s stock had its “outperform” rating reissued by research analysts at Royal Bank Of Canada in a report released on Friday, London Stock Exchange reports. They presently have a GBX 480 price objective on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 48.15% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft dropped their price objective on Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating for the company in a research note on Monday, August 3rd. JPMorgan Chase & Co. decreased 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. Citigroup dropped their price target on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research report on Friday, July 31st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 550 price target on shares of Rentokil Initial in a research note on Thursday, July 9th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 455.75.

Rentokil Initial Trading Down 0.7%

Shares of Rentokil Initial stock opened at GBX 324 on Friday. Rentokil Initial has a 12-month low of GBX 322.48 and a 12-month high of GBX 507. 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 market cap of £8.15 billion, a PE ratio of 17.18, a price-to-earnings-growth ratio of 0.56 and a beta of 0.41. The company has a 50-day moving average of GBX 373.27 and a two-hundred day moving average of GBX 433.23.

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.