Rentokil Initial (LON:RTO) Given "No Recommendation" Rating at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. has reaffirmed a "no recommendation" rating for Rentokil Initial's stock, indicating a cautious stance on the company's investment prospects.
• Rentokil Initial's stock price opened at GBX 374.80 ($5.04), with a market cap of £9.39 billion and a P/E ratio of 24.04.
• Insider Sally Johnson made a purchase of 3,567 shares of Rentokil Initial stock at an average price of GBX 351 ($4.72) per share, reflecting insider confidence in the company.

Rentokil Initial (LON:RTO - Get Free Report)'s stock had its "no recommendation" rating reiterated by equities researchers at JPMorgan Chase & Co. in a report issued on Monday, Marketbeat.com reports.

A number of other research analysts have also commented on the company. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 440 ($5.98) price target on shares of Rentokil Initial in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft raised their price target on Rentokil Initial from GBX 425 ($5.77) to GBX 435 ($5.91) and gave the company a "buy" rating in a report on Monday, July 21st.

Rentokil Initial Stock Performance

Shares of RTO traded down GBX 1.10 ($0.01) during trading hours on Monday, reaching GBX 372.50 ($5.06). 4,367,533 shares of the company's stock traded hands, compared to its average volume of 10,160,812. The firm has a market capitalization of £9.33 billion, a price-to-earnings ratio of 23.89, a P/E/G ratio of 0.56 and a beta of 0.55. The company has a debt-to-equity ratio of 113.35, a current ratio of 1.04 and a quick ratio of 1.76. Rentokil Initial has a twelve month low of GBX 306 ($4.16) and a twelve month high of GBX 502.40 ($6.82). The business's fifty day simple moving average is GBX 355.33 and its two-hundred day simple moving average is GBX 358.65.

Insider Transactions at Rentokil Initial

In other news, insider Sally Johnson bought 3,567 shares of the stock in a transaction that occurred on Monday, June 2nd. The shares were purchased at an average cost of GBX 351 ($4.77) per share, with a total value of £12,520.17 ($17,001.86). 0.32% of the stock is currently owned by insiders.

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.