Rentokil Initial plc (LON:RTO) Stock Has Average Target Price of GBX 455.75

Key Points

• Rentokil Initial has a “Moderate Buy” consensus rating among eight analysts: five buys, two holds, and one sell. The average 12-month price target is GBX 455.75.
• Recent broker updates were mixed, with target-price reductions from Deutsche Bank, JPMorgan, and Citigroup, while RBC and Jefferies maintained “outperform” or “buy” ratings with targets of GBX 480 and GBX 550.
• Shares opened at GBX 311, down 0.2%, with the stock trading well below its 200-day moving average of GBX 410.95 and its 12-month high of GBX 507.

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

Several brokerages recently issued reports on RTO. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Rentokil Initial from GBX 465 to GBX 405 and set a "hold" rating on the stock in a research report on Monday, August 3rd. JPMorgan Chase & Co. dropped their target price on shares of Rentokil Initial from GBX 477 to GBX 431 and set an "overweight" rating for the company in a research note on Friday, July 31st. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 480 target price on shares of Rentokil Initial in a research report on Friday, September 18th. 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 report on Friday, July 31st. Finally, Jefferies Financial Group reissued a "buy" rating and set a GBX 550 price target on shares of Rentokil Initial in a research note on Thursday, July 9th.

Rentokil Initial Stock Down 0.2%

RTO opened at GBX 311 on Friday. The firm has a market cap of £7.83 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 0.56 and a beta of 0.41. The company has a debt-to-equity ratio of 110.37, a quick ratio of 1.76 and a current ratio of 1.06. The firm's 50-day simple moving average is GBX 329.65 and its 200-day simple moving average is GBX 410.95. Rentokil Initial has a twelve month low of GBX 293.50 and a twelve month high of GBX 507.

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.

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