Rentokil Initial plc Receives Overweight Rating from Barclays (RTO)
RTO has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Rentokil Initial plc in a research note on Monday. They now have a GBX 141 ($2.37) 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 Monday. They now have a GBX 129 ($2.17) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Rentokil Initial plc in a research note on Friday. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 122.82 ($2.07).
Shares of Rentokil Initial plc (LON:RTO) traded up 1.55% during mid-day trading on Monday, hitting GBX 117.90. The stock had a trading volume of 2,453,917 shares. Rentokil Initial plc has a 1-year low of GBX 95.65 and a 1-year 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 £2.136 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, September 16th. Shareholders of record on Wednesday, August 13th will be paid a dividend of GBX 0.77 ($0.01) per share. This represents a dividend yield of 0.66%. The ex-dividend date 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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