Rentokil Initial plc (LON:RTO) Stock Has Consensus Target Price of GBX 455.75 According to Brokerages

Shares of Rentokil Initial plc (LON:RTO) have been given a consensus rating of “Moderate Buy” by the eight research firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 455.75.

A number of research firms have issued reports on RTO. Royal Bank Of Canada restated an “outperform” rating and set a GBX 480 target price on shares of Rentokil Initial in a research report on Friday, September 18th. JPMorgan Chase & Co. dropped their price target on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating on the stock in a report on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 550 price objective on shares of Rentokil Initial in a research note on Thursday, July 9th. Finally, Citigroup lowered their target price on shares of Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a report on Friday, July 31st.

Rentokil Initial Price Performance

Rentokil Initial stock opened at GBX 303.50 on Monday. The business’s 50-day simple moving average is GBX 358.04 and its 200 day simple moving average is GBX 427.58. The company has a quick ratio of 1.76, a current ratio of 1.06 and a debt-to-equity ratio of 110.37. The stock has a market cap of £7.64 billion, a price-to-earnings ratio of 16.09, a P/E/G ratio of 0.56 and a beta of 0.41. Rentokil Initial has a 12-month low of GBX 302.80 and a 12-month high of GBX 507.

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.