Rentokil Initial plc (LON:RTO - Get Free Report)'s share price reached a new 52-week low during trading on Wednesday. The stock traded as low as GBX 296.80 and last traded at GBX 298.50, with a volume of 1559719000 shares changing hands. The stock had previously closed at GBX 304.
Wall Street Analyst Weigh In
Several analysts have commented on the company. Jefferies Financial Group restated a "buy" rating and issued a GBX 550 price target on shares of Rentokil Initial in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft decreased their target price 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. Royal Bank Of Canada restated an "outperform" rating and issued a GBX 480 target price on shares of Rentokil Initial in a report on Friday, September 18th. Citigroup dropped their price target on shares of Rentokil Initial from GBX 575 to GBX 550 and set a "buy" rating for the company in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. cut their price target on shares of Rentokil Initial from GBX 477 to GBX 431 and set an "overweight" rating on the stock in a research note on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 455.75.
Get Our Latest Research Report on Rentokil Initial
Rentokil Initial Stock Down 1.8%
The stock has a fifty day moving average of GBX 352.19 and a two-hundred day moving average of GBX 425.33. The company has a quick ratio of 1.76, a current ratio of 1.06 and a debt-to-equity ratio of 110.37. The stock has a market cap of £7.51 billion, a price-to-earnings ratio of 15.83, a PEG ratio of 0.56 and a beta of 0.41.
Rentokil Initial Company Profile
(
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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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