Rentokil Initial plc (LON:RTO) Stock Rated “Moderate Buy” by Wall Street Brokerages

Rentokil Initial plc (LON:RTO) has received an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 452.29.

Several equities analysts have recently weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 480 price objective on shares of Rentokil Initial in a report on Friday, September 18th. Citigroup lowered their target price on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research note on Friday, July 31st. JPMorgan Chase & Co. dropped their target price on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating on the stock in a report on Friday, July 31st. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 370 price target on shares of Rentokil Initial in a research note on Friday, October 16th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 405 price target on shares of Rentokil Initial in a report on Friday, October 23rd.

Rentokil Initial Price Performance

Shares of RTO stock opened at GBX 355.40 on Tuesday. Rentokil Initial has a 52-week low of GBX 293.50 and a 52-week high of GBX 507. The stock has a market cap of £8.94 billion, a PE ratio of 18.84, a PEG ratio of 0.56 and a beta of 0.41. 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 firm’s 50 day moving average price is GBX 326.45 and its two-hundred day moving average price is GBX 416.26.

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.