Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Rentokil Initial (LON:RTO) Stock Price

Rentokil Initial (LON:RTO - Free Report) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 425 ($5.73) to GBX 435 ($5.86) in a research report released on Monday morning, Marketbeat reports. The firm currently has a buy rating on the stock.

Rentokil Initial Stock Performance

LON:RTO traded down GBX 1.70 ($0.02) during mid-day trading on Monday, reaching GBX 355.60 ($4.79). 3,480,357 shares of the stock were exchanged, compared to its average volume of 10,356,103. The company has a 50 day simple moving average of GBX 350.40 and a 200-day simple moving average of GBX 360.59. The stock has a market capitalization of £8.91 billion, a P/E ratio of 22.81, a P/E/G ratio of 0.56 and a beta of 0.55. The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 113.35. Rentokil Initial has a 1 year low of GBX 306 ($4.13) and a 1 year high of GBX 517.60 ($6.98).

Insider Transactions at Rentokil Initial

In other Rentokil Initial news, insider Sally Johnson acquired 3,567 shares of the stock in a transaction dated Monday, June 2nd. The stock was acquired at an average price of GBX 351 ($4.73) per share, with a total value of £12,520.17 ($16,878.09). Corporate insiders own 0.32% of the company's stock.

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.