Rentokil Initial (LON:RTO) Trading Up 0.4% - Time to Buy?

Key Points

• Shares of Rentokil Initial (LON:RTO) increased by 0.4% to last trade at GBX 407.30 ($5.44) amid a significantly lower trading volume.
• Analysts have differing views on the stock, with two rating it as a Buy while others have issued Hold and Sell ratings, resulting in a consensus rating of "Hold" and an average target price of GBX 393.80.
• The company has a market cap of £11.42 billion and a P/E ratio of 35.40, indicating strong valuation metrics despite mixed analyst opinions.

Shares of Rentokil Initial plc (LON:RTO - Get Free Report) were up 0.4% on Thursday . The stock traded as high as GBX 410.26 ($5.48) and last traded at GBX 407.30 ($5.44). Approximately 4,269,086 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 9,078,447 shares. The stock had previously closed at GBX 405.50 ($5.42).

Analysts Set New Price Targets

RTO has been the subject of a number of recent analyst reports. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 440 price target on shares of Rentokil Initial in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft upped their price target on shares of Rentokil Initial from GBX 425 to GBX 435 and gave the company a "buy" rating in a report on Monday, July 21st. UBS Group reiterated a "neutral" rating and set a GBX 380 price target on shares of Rentokil Initial in a report on Friday, October 17th. Berenberg Bank reiterated a "sell" rating and set a GBX 284 price target on shares of Rentokil Initial in a report on Monday, September 29th. Finally, JPMorgan Chase & Co. reiterated a "no recommendation" rating on shares of Rentokil Initial in a report on Monday, August 11th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of GBX 393.80.

Rentokil Initial Stock Performance

The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 113.35. The company has a market cap of £11.42 billion, a P/E ratio of 35.40, a P/E/G ratio of 0.56 and a beta of 0.55. The business has a fifty day moving average of GBX 376.41 and a 200 day moving average of GBX 359.23.

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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