Rentokil Initial plc (LON:RTO) Stock Has Consensus Target Price of GBX 452.29

Rentokil Initial plc (LON:RTO) has been assigned a consensus rating of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 452.29.

RTO has been the topic of a number of recent research reports. Citigroup lowered their price objective on Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating on the stock in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 405 target price on shares of Rentokil Initial in a research report on Friday, October 23rd. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 480 target price on shares of Rentokil Initial in a report on Friday, September 18th. Jefferies Financial Group reissued a “buy” rating and set a GBX 370 target price on shares of Rentokil Initial in a report on Friday, October 16th. Finally, JPMorgan Chase & Co. decreased their price target on Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating on the stock in a research report on Friday, July 31st.

Rentokil Initial Stock Performance

RTO opened at GBX 355.40 on Tuesday. 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 business has a fifty day simple moving average of GBX 326.45 and a 200 day simple moving average of GBX 416.26. Rentokil Initial has a 1 year low of GBX 293.50 and a 1 year high of GBX 507. The company has a market capitalization of £8.94 billion, a PE ratio of 18.84, a price-to-earnings-growth ratio of 0.56 and a beta of 0.41.

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.