Rentokil Initial plc (LON:RTO) has earned an average rating of “Buy” from the ten analysts that are presently covering the firm. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 210.44 ($2.75).
Several equities research analysts have recently issued reports on RTO shares. Royal Bank Of Canada increased their target price on shares of Rentokil Initial plc from GBX 220 ($2.87) to GBX 240 ($3.13) and gave the stock a “top pick” rating in a research note on Monday, July 11th. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 225 ($2.94) target price on shares of Rentokil Initial plc in a research note on Friday, July 1st. Deutsche Bank AG raised shares of Rentokil Initial plc to a “buy” rating and increased their target price for the stock from GBX 160 ($2.09) to GBX 240 ($3.13) in a research note on Tuesday, August 2nd. JPMorgan Chase & Co. increased their target price on shares of Rentokil Initial plc from GBX 147 ($1.92) to GBX 155 ($2.02) and gave the stock an “underweight” rating in a research note on Friday, July 8th. Finally, Barclays PLC increased their target price on shares of Rentokil Initial plc from GBX 218 ($2.85) to GBX 238 ($3.11) and gave the stock an “overweight” rating in a research note on Wednesday, August 17th.
Rentokil Initial plc (LON:RTO) opened at 221.882248 on Friday. The stock’s market cap is GBX 4.04 billion. The company has a 50-day moving average price of GBX 219.18 and a 200 day moving average price of GBX 194.94. Rentokil Initial plc has a 52-week low of GBX 143.30 and a 52-week high of GBX 224.50.
The firm also recently disclosed a dividend, which was paid on Wednesday, September 14th. Shareholders of record on Thursday, August 11th were issued a GBX 0.99 ($0.01) dividend. The ex-dividend date was Thursday, August 11th. This represents a yield of 0.46%.
In other Rentokil Initial plc news, insider Jeremy Townsend sold 24,921 shares of the stock in a transaction dated Friday, September 23rd. The shares were sold at an average price of GBX 221 ($2.88), for a total value of £55,075.41 ($71,890.63).
About Rentokil Initial plc
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.
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