Rentokil Initial plc Receives Average Rating of “Hold” from Analysts (LON:RTO)
Shares of Rentokil Initial plc (LON:RTO) have earned an average recommendation of “Hold” from the fourteen brokerages that are covering the stock, Analyst Ratings Net reports. Four investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 122.82 ($2.07).
A number of research firms have recently commented on RTO. Analysts at Barclays reiterated an “overweight” rating on shares of Rentokil Initial plc in a research note on Monday. Separately, 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. Finally, 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.
Rentokil Initial plc (LON:RTO) opened at 119.60 on Monday. Rentokil Initial plc has a 52-week low of GBX 96.60 and a 52-week high of GBX 133.60. The stock has a 50-day moving average of GBX 115.9 and a 200-day moving average of GBX 120.6. The company’s market cap is £2.173 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, September 16th. Stockholders 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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