Rentokil Initial (LON:RTO) Earns "Neutral" Rating from UBS Group

Key Points

• UBS Group has reiterated a "neutral" rating for Rentokil Initial (LON:RTO), with a price target of GBX 380, suggesting a potential downside of 4.57% from the current stock price.
• In contrast, Deutsche Bank has increased its price target to GBX 435 and provided a "buy" rating, while Royal Bank of Canada maintains an "outperform" rating with a GBX 440 target.
• The average rating for Rentokil Initial is currently "Hold" with an average target price of GBX 393.80, reflecting mixed sentiments among analysts regarding the stock's performance.

Rentokil Initial (LON:RTO - Get Free Report)'s stock had its "neutral" rating reiterated by equities research analysts at UBS Group in a report issued on Friday,Digital Look reports. They currently have a GBX 380 price objective on the stock. UBS Group's price target would indicate a potential downside of 4.57% from the stock's current price.

Several other research analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft increased their price target on Rentokil Initial from GBX 425 to GBX 435 and gave the stock a "buy" rating in a research note on Monday, July 21st. Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 440 target price on shares of Rentokil Initial in a research note on Friday, August 1st. JPMorgan Chase & Co. reaffirmed a "no recommendation" rating on shares of Rentokil Initial in a report on Monday, August 11th. Finally, Berenberg Bank reissued a "sell" rating and issued a GBX 284 price objective on shares of Rentokil Initial in a research note on Monday, September 29th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Rentokil Initial presently has an average rating of "Hold" and an average target price of GBX 393.80.

Rentokil Initial Price Performance

Shares of RTO opened at GBX 398.20 on Friday. The company has a market cap of £10.01 billion, a P/E ratio of 3,102.91, a PEG ratio of 0.56 and a beta of 0.55. The stock has a fifty day moving average price of GBX 374.19 and a 200 day moving average price of GBX 357.71. 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 12 month low of GBX 306 and a 12 month high of GBX 427.20.

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.

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