Rentokil Initial (LON:RTO) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Rentokil Initial's stock price recently surpassed its 200-day moving average of GBX 355.07, reaching a high of GBX 412.60 ($5.54) before last trading at GBX 409.90 ($5.50).
• Analyst ratings for Rentokil Initial are mixed, with two researchers assigning a Buy rating, one a Sell, and the consensus rating at "Hold" with a target price of GBX 397.25.
• The company reported a market capitalization of £10.36 billion, a price-to-earnings ratio of 3,208.89, and a PEG ratio of 0.56, indicating its growth expectations relative to its earnings.

Rentokil Initial plc (LON:RTO - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 355.07 ($4.77) and traded as high as GBX 412.60 ($5.54). Rentokil Initial shares last traded at GBX 409.90 ($5.50), with a volume of 8,084,079 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on RTO shares. Berenberg Bank restated a "sell" rating and issued a GBX 284 target price on shares of Rentokil Initial in a research report on Monday, September 29th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Rentokil Initial from GBX 425 to GBX 435 and gave the company a "buy" rating in a research report on Monday, July 21st. Royal Bank Of Canada restated an "outperform" rating and issued a GBX 440 target price on shares of Rentokil Initial in a research report on Friday, August 1st. Finally, JPMorgan Chase & Co. restated a "no recommendation" rating on shares of Rentokil Initial in a research report on Monday, August 11th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of GBX 397.25.

Rentokil Initial Stock Performance

The stock's 50-day moving average is GBX 368.05 and its 200-day moving average is GBX 355.07. The firm has a market capitalization of £10.36 billion, a price-to-earnings ratio of 3,208.89, a PEG ratio of 0.56 and a beta of 0.55. The company has a current ratio of 1.04, a quick ratio of 1.76 and a debt-to-equity ratio of 113.35.

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.

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