Rentokil Initial (LON:RTO) Reaches New 52-Week Low – Should You Sell?

Rentokil Initial plc (LON:RTO) reached a new 52-week low on Friday . The company traded as low as GBX 326.90 and last traded at GBX 328.55, with a volume of 4286750 shares traded. The stock had previously closed at GBX 331.20.

Analyst Ratings Changes

RTO has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft cut their target price on Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating for the company in a research note on Monday, August 3rd. Royal Bank Of Canada dropped their price objective on shares of Rentokil Initial from GBX 540 to GBX 480 and set an “outperform” rating for the company in a report on Thursday, July 30th. JPMorgan Chase & Co. cut their price objective on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating for the company in a research report on Friday, July 31st. Citigroup reduced their target price on shares of Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a research note on Friday, July 31st. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 550 target price on shares of Rentokil Initial in a report on Thursday, July 9th. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 455.75.

Rentokil Initial Stock Performance

The company has a debt-to-equity ratio of 110.37, a current ratio of 1.06 and a quick ratio of 1.76. The company has a market cap of £8.27 billion, a price-to-earnings ratio of 17.42, a PEG ratio of 0.56 and a beta of 0.41. The firm has a 50 day simple moving average of GBX 385.06 and a 200-day simple moving average of GBX 437.58.

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.