Rentokil Initial plc (LON:RTO) Given Consensus Rating of “Moderate Buy” by Brokerages

Rentokil Initial plc (LON:RTO) has earned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 475.71.

RTO has been the topic of several recent research reports. Jefferies Financial Group lifted their price target on Rentokil Initial from GBX 540 to GBX 550 and gave the company a “buy” rating in a research note on Tuesday, March 10th. UBS Group upgraded Rentokil Initial from a “neutral” rating to a “buy” rating and increased their price objective for the stock from GBX 430 to GBX 540 in a report on Thursday, March 12th. Citigroup lifted their target price on Rentokil Initial from GBX 550 to GBX 575 and gave the company a “buy” rating in a research report on Monday, March 16th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 540 target price on shares of Rentokil Initial in a research note on Friday, June 5th.

Rentokil Initial Trading Down 1.8%

Shares of LON:RTO opened at GBX 443.83 on Wednesday. The firm has a market cap of £11.17 billion, a price-to-earnings ratio of 23.94, a PEG ratio of 0.56 and a beta of 0.43. Rentokil Initial has a 12 month low of GBX 334.80 and a 12 month high of GBX 507. The company’s fifty day simple moving average is GBX 456.91 and its 200 day simple moving average is GBX 463. The company has a quick ratio of 1.76, a current ratio of 1.16 and a debt-to-equity ratio of 111.54.

About Rentokil Initial

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers. The company provides hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers, and floor protection mats.