Credit Suisse Group AG reissued their outperform rating on shares of Rentokil Initial plc (LON:RTO) in a research note issued to investors on Friday morning. They currently have a GBX 235 ($2.91) target price on the stock.
Several other equities research analysts also recently weighed in on the company. Royal Bank Of Canada reissued a top pick rating and issued a GBX 240 ($2.97) price target on shares of Rentokil Initial plc in a report on Tuesday, October 4th. JPMorgan Chase & Co. raised their price target on Rentokil Initial plc from GBX 147 ($1.82) to GBX 155 ($1.92) and gave the stock an underweight rating in a report on Friday, July 8th. Deutsche Bank AG raised Rentokil Initial plc to a buy rating and lifted their target price for the stock from GBX 160 ($1.98) to GBX 240 ($2.97) in a report on Tuesday, August 2nd. Barclays PLC lifted their target price on Rentokil Initial plc from GBX 218 ($2.70) to GBX 238 ($2.95) and gave the stock an overweight rating in a report on Wednesday, August 17th. Finally, HSBC raised Rentokil Initial plc to a hold rating and lifted their target price for the stock from GBX 145 ($1.79) to GBX 190 ($2.35) in a report on Monday, July 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of Buy and an average price target of GBX 207.90 ($2.57).
Shares of Rentokil Initial plc (LON:RTO) opened at 225.00 on Friday. The stock’s 50 day moving average is GBX 220.92 and its 200-day moving average is GBX 198.38. Rentokil Initial plc has a one year low of GBX 143.30 and a one year high of GBX 234.00. The company’s market cap is GBX 4.10 billion.
The firm also recently disclosed a dividend, which was paid on Wednesday, September 14th. Stockholders of record on Thursday, August 11th were given a GBX 0.99 ($0.01) dividend. This represents a dividend yield of 0.46%. The ex-dividend date of this dividend was Thursday, August 11th.
In other news, insider Jeremy Townsend sold 24,921 shares of the business’s stock in a transaction that occurred on Friday, September 23rd. The stock was sold at an average price of GBX 221 ($2.74), for a total value of £55,075.41 ($68,162.64).
Rentokil Initial plc Company Profile
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.
Receive News & Ratings for Rentokil Initial plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rentokil Initial plc and related companies with MarketBeat.com's FREE daily email newsletter.