Rentokil Initial (LON:RTO) Price Target Lowered to GBX 431 at JPMorgan Chase & Co.

Rentokil Initial (LON:RTO) had its price target decreased by JPMorgan Chase & Co. from GBX 477 to GBX 431 in a research report report published on Friday,Digital Look reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Other analysts also recently issued reports about the stock. Citigroup decreased their price objective on shares of Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a research report on Friday. Royal Bank Of Canada dropped their target price on shares of Rentokil Initial from GBX 540 to GBX 480 and set an “outperform” rating for the company in a report on Thursday. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 550 price target on shares of Rentokil Initial in a research note on Thursday, July 9th. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 463.

Rentokil Initial Stock Performance

RTO opened at GBX 344.80 on Friday. The firm has a market cap of £8.68 billion, a P/E ratio of 18.60, a PEG ratio of 0.56 and a beta of 0.43. Rentokil Initial has a 1-year low of GBX 344.60 and a 1-year high of GBX 507. The company has a 50 day simple moving average of GBX 438.37 and a two-hundred day simple moving average of GBX 460.48. The company has a debt-to-equity ratio of 45.09, a current ratio of 1.06 and a quick ratio of 1.76.

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.