Rentokil Initial plc (LON:RTO) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Rentokil Initial has a “Moderate Buy” consensus rating from eight analysts: five buys, two holds and one sell. The average 12-month price target is GBX 455.75.
• Several analysts recently cut their price targets, including Citigroup to GBX 550, JPMorgan to GBX 431 and Deutsche Bank to GBX 405, while maintaining buy, overweight or hold ratings.
• Shares opened at GBX 316.10, near the company’s one-year low of GBX 315.80 and below both its 50-day and 200-day moving averages.

Rentokil Initial plc (LON:RTO - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eight research firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 455.75.

A number of equities analysts recently issued reports on RTO shares. Citigroup lowered their price target on Rentokil Initial from GBX 575 to GBX 550 and set a "buy" rating for the company in a report on Friday, July 31st. JPMorgan Chase & Co. cut their price objective on shares of Rentokil Initial from GBX 477 to GBX 431 and set an "overweight" rating on the stock in a report on Friday, July 31st. Jefferies Financial Group restated a "buy" rating and set a GBX 550 price objective on shares of Rentokil Initial in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Rentokil Initial from GBX 465 to GBX 405 and set a "hold" rating for the company in a report on Monday, August 3rd. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 480 price target on shares of Rentokil Initial in a research note on Friday.

Rentokil Initial Stock Down 1.0%

Shares of LON RTO opened at GBX 316.10 on Monday. The business has a 50-day moving average of GBX 370.86 and a two-hundred day moving average of GBX 432.30. The company has a market capitalization of £7.95 billion, a price-to-earnings ratio of 16.76, a price-to-earnings-growth ratio of 0.56 and a beta of 0.41. Rentokil Initial has a 1 year low of GBX 315.80 and a 1 year high of GBX 507. The company has a debt-to-equity ratio of 110.37, a current ratio of 1.06 and a quick ratio of 1.76.

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.

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