Rentokil Initial plc (RTO) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Rentokil Initial plc (LON:RTO) have been given an average rating of “Hold” by the fourteen research firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 299.29 ($4.06).
Several brokerages have commented on RTO. Peel Hunt reaffirmed a “buy” rating and set a GBX 348 ($4.72) target price on shares of Rentokil Initial in a report on Thursday, January 4th. Credit Suisse Group downgraded Rentokil Initial to a “neutral” rating and lifted their target price for the stock from GBX 320 ($4.34) to GBX 340 ($4.61) in a report on Wednesday, January 3rd. Jefferies Group began coverage on Rentokil Initial in a report on Monday, December 4th. They set a “hold” rating and a GBX 335 ($4.54) target price on the stock. Goldman Sachs Group began coverage on Rentokil Initial in a report on Monday, December 4th. They set a “buy” rating and a GBX 400 ($5.42) target price on the stock. Finally, HSBC lifted their target price on Rentokil Initial from GBX 235 ($3.19) to GBX 290 ($3.93) and gave the stock a “hold” rating in a report on Friday, November 17th.
Shares of Rentokil Initial (LON RTO) traded up GBX 0.30 ($0.00) during mid-day trading on Friday, reaching GBX 311 ($4.22). The company had a trading volume of 3,876,498 shares, compared to its average volume of 3,480,000. The company has a market cap of $5,710.00 and a price-to-earnings ratio of 840.54. Rentokil Initial has a twelve month low of GBX 216.68 ($2.94) and a twelve month high of GBX 338.80 ($4.59).
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About Rentokil Initial
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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