Rentokil Initial plc (LON:RTO) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Rentokil Initial plc (LON:RTO) have been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 461.43.

RTO has been the topic of several research reports. Jefferies Financial Group lifted their price objective on Rentokil Initial from GBX 540 to GBX 550 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Stifel Nicolaus restated a “hold” rating and issued a GBX 390 price target on shares of Rentokil Initial in a research note on Thursday, March 5th. Citigroup boosted their price objective on shares of Rentokil Initial from GBX 550 to GBX 575 and gave the company a “buy” rating in a research report on Monday, March 16th. Finally, UBS Group raised Rentokil Initial from a “neutral” rating to a “buy” rating and raised their target price for the stock from GBX 430 to GBX 540 in a report on Thursday, March 12th.

Rentokil Initial Stock Performance

LON:RTO opened at GBX 488.30 on Monday. The company has a quick ratio of 1.76, a current ratio of 1.16 and a debt-to-equity ratio of 111.54. The firm has a market capitalization of £12.28 billion, a P/E ratio of 38.05, a P/E/G ratio of 0.56 and a beta of 0.49. Rentokil Initial has a 52 week low of GBX 306 and a 52 week high of GBX 493.90. The company has a fifty day moving average of GBX 462.95 and a 200 day moving average of GBX 434.48.

Insider Activity

In other news, insider Sally Johnson acquired 2,676 shares of Rentokil Initial stock in a transaction dated Monday, March 16th. The stock was purchased at an average cost of GBX 483 per share, with a total value of £12,925.08. 2.82% of the stock is currently owned by company insiders.

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.