Rentokil Initial Rating Reiterated by RBC Capital (RTO)
Rentokil Initial (LON:RTO)‘s stock had its “top pick” rating restated by investment analysts at RBC Capital in a note issued to investors on Wednesday, American Banking and Market News reports. They currently have a GBX 135 ($2.22) price target on the stock. RBC Capital’s price target suggests a potential upside of 11.85% from the stock’s previous close.
RTO has been the subject of a number of other recent research reports. Analysts at HSBC reiterated an “underweight” rating on shares of Rentokil Initial in a research note to investors on Tuesday. They now have a GBX 116 ($1.90) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe upgraded shares of Rentokil Initial to a “buy” rating in a research note to investors on Monday. They now have a GBX 140 ($2.30) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe upgraded shares of Rentokil Initial to a “buy” rating in a research note to investors on Monday. They now have a GBX 140 ($2.30) price target on the stock. Six research analysts have rated the stock with a sell rating, ten have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Rentokil Initial currently has an average rating of “Hold” and an average price target of GBX 103.38 ($1.70).
Rentokil Initial (LON:RTO) traded up 0.33% during mid-day trading on Wednesday, hitting GBX 121.10. The stock had a trading volume of 1,669,098 shares. Rentokil Initial has a 52 week low of GBX 85.70 and a 52 week high of GBX 124.40. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0.. The company’s market cap is £2.190 billion.
Rentokil Initial plc is the holding company. Revenue is generated from pest control, hygiene, textiles, interior plants, facilities services and parcel delivery.
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