Free Trial

Rentokil Initial (LON:RTO) Stock Price Up 9.1% - Should You Buy?

Rentokil Initial logo with Industrials background

Key Points

  • Rentokil Initial's stock price rose by 9.1% to GBX 377.98 ($4.99) after trading volume exceeded average levels, indicating strong investor interest.
  • Analysts have upgraded their forecasts for Rentokil Initial, with Deutsche Bank setting a price target of GBX 435 ($5.75) and Royal Bank of Canada maintaining an "outperform" rating with a GBX 440 ($5.81) target.
  • Insider buying activity was noted, as Sally Johnson acquired 3,567 shares at an average price of GBX 351 ($4.64), which reflects confidence from company insiders in the stock's future performance.
  • MarketBeat previews the top five stocks to own by September 1st.

Rentokil Initial plc (LON:RTO - Get Free Report)'s stock price shot up 9.1% during mid-day trading on Friday . The company traded as high as GBX 387.30 ($5.14) and last traded at GBX 377.98 ($5.02). 13,367,716 shares changed hands during mid-day trading, an increase of 30% from the average session volume of 10,266,272 shares. The stock had previously closed at GBX 346.60 ($4.60).

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on RTO. Deutsche Bank Aktiengesellschaft boosted their price target on Rentokil Initial from GBX 425 ($5.64) to GBX 435 ($5.77) and gave the company a "buy" rating in a report on Monday, July 21st. Royal Bank Of Canada reissued an "outperform" rating and issued a GBX 440 ($5.84) price target on shares of Rentokil Initial in a report on Friday.

Read Our Latest Analysis on Rentokil Initial

Rentokil Initial Trading Down 3.8%

The company has a current ratio of 1.04, a quick ratio of 1.76 and a debt-to-equity ratio of 113.35. The company has a fifty day simple moving average of GBX 353.10 and a 200-day simple moving average of GBX 359.44. The company has a market capitalization of £9.14 billion, a PE ratio of 23.41, a PEG ratio of 0.56 and a beta of 0.55.

Insider Transactions at Rentokil Initial

In other news, insider Sally Johnson bought 3,567 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The shares were purchased at an average price of GBX 351 ($4.66) per share, with a total value of £12,520.17 ($16,618.22). Insiders own 0.32% of the company's stock.

Rentokil Initial Company Profile

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Rentokil Initial Right Now?

Before you consider Rentokil Initial, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rentokil Initial wasn't on the list.

While Rentokil Initial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines