Rentokil Initial (LON:RTO) Trading Up 11.7% - Still a Buy?

Key Points

• Rentokil Initial's stock price increased by **11.7%** during a recent trading session, reaching around **GBX 480** ($6.41), with a significant trading volume spike of **1,946%** above its average daily volume.
• Equities analysts are mixed on Rentokil Initial, with two rating it a **"Buy,"** while another analyst assigned a **"Sell"** rating; the consensus rating remains a **"Hold"** with an average price target of **GBX 393.80**.
• The company has a market capitalization of **£11.47 billion** and operates internationally, providing pest control services in various regions including **North America** and **the UK**.

Rentokil Initial plc (LON:RTO - Get Free Report)'s stock price was up 11.7% during trading on Thursday . The stock traded as high as GBX 480 ($6.41) and last traded at GBX 455 ($6.08). Approximately 205,272,859 shares changed hands during mid-day trading, an increase of 1,946% from the average daily volume of 10,030,722 shares. The stock had previously closed at GBX 407.30 ($5.44).

Wall Street Analyst Weigh In

Several equities research analysts recently commented on RTO shares. 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 research report on Monday, July 21st. Berenberg Bank reiterated a "sell" rating and issued a GBX 284 target price on shares of Rentokil Initial in a research report on Monday, September 29th. UBS Group reiterated a "neutral" rating and issued a GBX 380 target price on shares of Rentokil Initial in a research report on Friday, October 17th. Royal Bank Of Canada reiterated 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. reiterated 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, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of GBX 393.80.

Rentokil Initial Stock Up 12.0%

The firm has a market cap of £11.47 billion, a P/E ratio of 35.56, a P/E/G ratio of 0.56 and a beta of 0.55. The business's fifty day moving average price is GBX 376.41 and its two-hundred day moving average price is GBX 359.23. 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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