Rentokil Initial (LON:RTO) Receives Hold Rating from Stifel Nicolaus

Key Points

• Stifel Nicolaus reiterated a "hold" rating on Rentokil Initial with a GBX 390 price objective, implying around a 17.23% downside from the prior close.
• RTO shares jumped about 10.7% to GBX 471.20 on Thursday with ~21.7 million shares traded, inside a one‑year range of GBX 306 to GBX 483.30.
• The stock trades with a market cap of £11.85 billion, a P/E of 36.72, PEG of 0.56 and a high debt‑to‑equity ratio of 115.47.

Rentokil Initial (LON:RTO - Get Free Report)'s stock had its "hold" rating reiterated by Stifel Nicolaus in a report issued on Thursday, Marketbeat Ratings reports. They currently have a GBX 390 price objective on the stock. Stifel Nicolaus' price objective suggests a potential downside of 17.23% from the stock's previous close.

Rentokil Initial Trading Up 10.7%

RTO stock traded up GBX 45.70 during mid-day trading on Thursday, reaching GBX 471.20. 21,716,723 shares of the stock traded hands, compared to its average volume of 32,586,838. Rentokil Initial has a one year low of GBX 306 and a one year high of GBX 483.30. The stock has a market capitalization of £11.85 billion, a PE ratio of 36.72, a PEG ratio of 0.56 and a beta of 0.49. The company has a debt-to-equity ratio of 115.47, a quick ratio of 1.76 and a current ratio of 1.12. The business has a 50-day moving average price of GBX 457.17 and a two-hundred day moving average price of GBX 418.86.

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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