Deutsche Bank reissued their hold rating on shares of Rentokil Initial (LON:RTO) in a research note published on Friday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts also recently commented on RTO. Royal Bank of Canada downgraded Rentokil Initial to a sector performer rating and upped their price objective for the company from GBX 410 ($5.36) to GBX 470 ($6.14) in a report on Tuesday, August 20th. Peel Hunt restated a hold rating and issued a GBX 455 ($5.95) price target (up from GBX 381 ($4.98)) on shares of Rentokil Initial in a report on Monday, October 14th. Peel Hunt restated a hold rating and issued a GBX 455 ($5.95) price target on shares of Rentokil Initial in a report on Thursday. Citigroup increased their price target on Rentokil Initial from GBX 400 ($5.23) to GBX 520 ($6.79) and gave the stock a buy rating in a report on Friday, September 6th. Finally, JPMorgan Chase & Co. increased their price target on Rentokil Initial from GBX 395 ($5.16) to GBX 415 ($5.42) and gave the stock an overweight rating in a report on Friday, July 26th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of GBX 442.78 ($5.79).
LON RTO opened at GBX 448.70 ($5.86) on Friday. The stock has a 50-day simple moving average of GBX 453.05 and a 200 day simple moving average of GBX 413.19. The company has a market capitalization of $8.31 billion and a PE ratio of -84.66. The company has a current ratio of 0.83, a quick ratio of 0.74 and a debt-to-equity ratio of 217.72. Rentokil Initial has a 12 month low of GBX 280 ($3.66) and a 12 month high of GBX 470.70 ($6.15).
About Rentokil Initial
Rentokil Initial plc, through its subsidiaries, provides route-based services in North America, the United Kingdom, Europe, Asia, Pacific, and rest of world. It offers a range of pest control services from rodents to flying insects, as well as to other forms of wildlife management for commercial and residential customers.
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