Rentokil Initial plc (NYSE:RTO) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Rentokil Initial plc (NYSE:RTO - Get Free Report) has earned a consensus rating of "Moderate Buy" from the six brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, one has given a buy recommendation and two have issued a strong buy recommendation on the company.

Several research firms have recently issued reports on RTO. Sanford C. Bernstein downgraded shares of Rentokil Initial from a "market perform" rating to an "underperform" rating in a research note on Thursday, May 15th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Rentokil Initial in a research note on Friday, March 7th.

Hedge Funds Weigh In On Rentokil Initial

Hedge funds have recently bought and sold shares of the company. Cape Investment Advisory Inc. raised its stake in Rentokil Initial by 65.2% during the fourth quarter. Cape Investment Advisory Inc. now owns 1,505 shares of the company's stock worth $38,000 after buying an additional 594 shares during the last quarter. Brooklyn Investment Group raised its stake in Rentokil Initial by 668.3% during the first quarter. Brooklyn Investment Group now owns 1,598 shares of the company's stock worth $37,000 after buying an additional 1,390 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Rentokil Initial by 486.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,942 shares of the company's stock worth $49,000 after buying an additional 1,611 shares during the last quarter. State of Wyoming bought a new position in Rentokil Initial during the first quarter worth $46,000. Finally, Cromwell Holdings LLC bought a new position in Rentokil Initial during the fourth quarter worth $59,000. Institutional investors own 9.91% of the company's stock.

Rentokil Initial Price Performance

Rentokil Initial stock traded down $0.50 during mid-day trading on Thursday, reaching $23.38. The company had a trading volume of 889,385 shares, compared to its average volume of 778,770. Rentokil Initial has a fifty-two week low of $19.60 and a fifty-two week high of $34.07. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.75. The company has a market cap of $11.80 billion, a P/E ratio of 15.48, a P/E/G ratio of 7.95 and a beta of 0.95. The business has a fifty day simple moving average of $23.18 and a 200 day simple moving average of $23.99.

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.