Jefferies Group started coverage on shares of Rentokil Initial (LON:RTO) in a report issued on Monday morning. The firm issued a hold rating and a GBX 335 ($4.51) price objective on the stock.
RTO has been the topic of several other reports. Deutsche Bank boosted their price objective on Rentokil Initial from GBX 285 ($3.84) to GBX 330 ($4.44) and gave the company a buy rating in a research report on Friday, August 18th. Peel Hunt increased their price objective on Rentokil Initial from GBX 300 ($4.04) to GBX 348 ($4.68) and gave the company a buy rating in a report on Monday, November 13th. Goldman Sachs Group began coverage on Rentokil Initial in a report on Monday. They issued a buy rating and a GBX 400 ($5.38) price objective on the stock. HSBC lifted their price objective on Rentokil Initial from GBX 235 ($3.16) to GBX 290 ($3.90) and gave the stock a hold rating in a report on Friday, November 17th. Finally, J P Morgan Chase & Co reissued an underweight rating and issued a GBX 211 ($2.84) target price on shares of Rentokil Initial in a research note on Friday, October 20th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of GBX 294.29 ($3.96).
Rentokil Initial (RTO) opened at GBX 311.20 ($4.19) on Monday. Rentokil Initial has a 12 month low of GBX 204.50 ($2.75) and a 12 month high of GBX 338.80 ($4.56).
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About Rentokil Initial
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.
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