Rentokil Initial PLC (OTCMKTS:RTOKY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Thursday. The firm presently has a $22.00 price target on the business services provider’s stock. Zacks Investment Research‘s price objective suggests a potential upside of 9.34% from the company’s current price.

According to Zacks, “Rentokil Initial plc provides business support services including pest control, package delivery, interior landscaping, catering, cleaning, washroom solutions and textiles. Building services includes installation and maintenance of heating, ventilation and air conditioning equipment, water testing and treatment; and electrical testing and safety services. Its cleaning companies provide a professional cleaning service to industry, commerce, hotels, schools, hospitals, airports and other transport facilities. Its specialist services include the supply of non-medical hospital staff, the manufacture of washroom dispensing systems. Its interior landscaping offers indoor plants to customers on a rental or purchase basis. Linen, Garment and Floorcare Rental supplies workwear, uniforms, clean room uniforms and protective equipment. Rentokil Initial plc is based in Gatwick, the United Kingdom. “

Rentokil Initial PLC (OTCMKTS:RTOKY) traded up 1.67% during midday trading on Thursday, reaching $20.12. The company’s stock had a trading volume of 5,298 shares. The firm has a market cap of $7.38 billion, a P/E ratio of 8.47 and a beta of 0.58. The firm has a 50 day moving average price of $19.05 and a 200 day moving average price of $17.16. Rentokil Initial PLC has a one year low of $12.71 and a one year high of $20.12.

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Rentokil Initial PLC Company Profile

Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.

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