Rentokil Initial’s (RTO) “Outperform” Rating Reaffirmed at Royal Bank Of Canada

Rentokil Initial (LON:RTO)‘s stock had its “outperform” rating reiterated by research analysts at Royal Bank Of Canada in a note issued to investors on Friday,Digital Look reports. They presently have a GBX 540 price target on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 21.27% from the stock’s previous close.

RTO has been the subject of several other reports. Citigroup raised their target price on Rentokil Initial from GBX 550 to GBX 575 and gave the stock a “buy” rating in a research report on Monday, March 16th. Jefferies Financial Group raised their target price on Rentokil Initial from GBX 540 to GBX 550 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 390 target price on shares of Rentokil Initial in a research report on Thursday, March 5th. Finally, UBS Group raised Rentokil Initial from a “neutral” rating to a “buy” rating and raised their target price for the stock from GBX 430 to GBX 540 in a research report on Thursday, March 12th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 475.71.

Rentokil Initial Stock Up 0.7%

Shares of LON:RTO opened at GBX 445.30 on Friday. The firm has a market cap of £11.20 billion, a P/E ratio of 24.02, a P/E/G ratio of 0.56 and a beta of 0.42. The company has a quick ratio of 1.76, a current ratio of 1.16 and a debt-to-equity ratio of 111.54. Rentokil Initial has a 12-month low of GBX 334.80 and a 12-month high of GBX 507. The business has a fifty day simple moving average of GBX 478.53 and a 200 day simple moving average of GBX 459.18.

Insiders Place Their Bets

In other news, insider Sally Johnson bought 2,676 shares of Rentokil Initial stock in a transaction dated Monday, March 16th. The stock was bought at an average cost of GBX 483 per share, for a total transaction of £12,925.08. Insiders own 2.82% of the company’s stock.

Rentokil Initial Company Profile

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.