RBC Capital Reiterates Top Pick Rating for Rentokil Initial plc (RTO)
Rentokil Initial plc (LON:RTO)‘s stock had its “top pick” rating reaffirmed by research analysts at RBC Capital in a report released on Tuesday. They currently have a GBX 150 ($2.55) price objective on the stock. RBC Capital’s price objective would indicate a potential upside of 31.46% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse cut their price target on shares of Rentokil Initial plc from GBX 125 ($2.12) to GBX 120 ($2.04) in a research note on Tuesday, May 6th. They now have a “neutral” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Rentokil Initial plc in a research note on Tuesday, May 6th. They now have a GBX 105 ($1.78) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Rentokil Initial plc in a research note on Friday, May 2nd. They now have a GBX 109 ($1.85) price target on the stock. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 122.08 ($2.07).
Shares of Rentokil Initial plc (LON:RTO) traded down 0.18% on Tuesday, hitting GBX 113.90. 2,584,902 shares of the company’s stock traded hands. Rentokil Initial plc has a 1-year low of GBX 86.60 and a 1-year high of GBX 133.60. The stock’s 50-day moving average is GBX 119.8 and its 200-day moving average is GBX 120.1. The company’s market cap is £2.063 billion.
Rentokil Initial plc is the holding company. The Company through its businesses in some 60 countries provides a range of principally business to business support services.
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