Rentokil Initial plc PT Raised to GBX 114 (RTO)
Equities researchers at Deutsche Bank hoisted their price objective on shares of Rentokil Initial plc (LON:RTO) from GBX 109 ($1.85) to GBX 114 ($1.94) in a research report issued on Wednesday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target would suggest a potential downside of 1.72% from the stock’s previous close.
A number of other analysts have also recently weighed in on RTO. Analysts at RBC Capital reiterated a “top pick” rating on shares of Rentokil Initial plc in a research note on Tuesday, July 29th. They now have a GBX 150 ($2.55) price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Rentokil Initial plc in a research note on Friday, July 25th. They now have a GBX 129 ($2.19) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Rentokil Initial plc in a research note on Tuesday, July 15th. They now have a GBX 129 ($2.19) price target on the stock. Four analysts have rated the stock with a sell rating, six have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Rentokil Initial plc has a consensus rating of “Hold” and an average target price of GBX 124.50 ($2.11).
Shares of Rentokil Initial plc (LON:RTO) opened at 116.00 on Wednesday. Rentokil Initial plc has a 52 week low of GBX 95.65 and a 52 week high of GBX 133.60. The stock has a 50-day moving average of GBX 115.5 and a 200-day moving average of GBX 120.7. The company’s market cap is £2.108 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, September 16th. Shareholders of record on Wednesday, August 13th will be given a dividend of GBX 0.77 ($0.01) per share. This represents a yield of 0.66%. The ex-dividend date of this dividend is Wednesday, August 13th.
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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