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

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

A number of equities research analysts recently weighed in on RTO shares. Sanford C. Bernstein lowered Rentokil Initial from a "market perform" rating to an "underperform" rating in a research report on Thursday, May 15th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Rentokil Initial in a research report on Friday, March 7th.

Rentokil Initial Price Performance

RTO stock traded down $0.35 during trading on Thursday, reaching $23.53. 603,311 shares of the company were exchanged, compared to its average volume of 777,120. The company has a market capitalization of $11.88 billion, a price-to-earnings ratio of 15.60, a P/E/G ratio of 7.95 and a beta of 0.95. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.04 and a quick ratio of 0.96. The company has a 50-day moving average of $23.11 and a two-hundred day moving average of $24.03. Rentokil Initial has a twelve month low of $19.60 and a twelve month high of $34.07.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in RTO. Brooklyn Investment Group raised its position in shares of Rentokil Initial by 668.3% in the 1st quarter. Brooklyn Investment Group now owns 1,598 shares of the company's stock worth $37,000 after acquiring an additional 1,390 shares in the last quarter. Cape Investment Advisory Inc. boosted its holdings in Rentokil Initial by 65.2% in the fourth quarter. Cape Investment Advisory Inc. now owns 1,505 shares of the company's stock worth $38,000 after acquiring an additional 594 shares in the last quarter. State of Wyoming bought a new position in Rentokil Initial in the first quarter worth approximately $46,000. Smartleaf Asset Management LLC grew its stake in Rentokil Initial by 486.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,942 shares of the company's stock valued at $49,000 after acquiring an additional 1,611 shares during the period. Finally, Cromwell Holdings LLC bought a new stake in shares of Rentokil Initial during the fourth quarter valued at approximately $59,000. Institutional investors own 9.91% of the company's stock.

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.