Rentokil Initial plc’s Hold Rating Reaffirmed at Jefferies Group (RTO)
Rentokil Initial plc (LON:RTO)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Group in a report issued on Tuesday. They currently have a GBX 129 ($2.21) price objective on the stock. Jefferies Group’s target price indicates a potential upside of 12.57% from the stock’s previous close.
Rentokil Initial plc (LON:RTO) traded down 1.80% on Tuesday, hitting GBX 114.60. 1,358,507 shares of the company’s stock traded hands. Rentokil Initial plc has a 52-week low of GBX 94.65 and a 52-week high of GBX 133.60. The stock’s 50-day moving average is GBX 115.5 and its 200-day moving average is GBX 120.7. The company’s market cap is £2.076 billion.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse upgraded shares of Rentokil Initial plc to an “outperform” rating in a research note on Wednesday, July 9th. They now have a GBX 141 ($2.41) price target on the stock, up previously from GBX 120 ($2.05). Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Rentokil Initial plc in a research note on Tuesday, July 8th. They now have a GBX 150 ($2.57) price target on the stock. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of GBX 123.69 ($2.12).
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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