Rentokil Initial’s (RTO) “Buy” Rating Reaffirmed at HSBC
HSBC reiterated their buy rating on shares of Rentokil Initial (LON:RTO) in a report issued on Monday morning, Stock Target Advisor reports.
A number of other analysts have also recently commented on the stock. Peel Hunt reiterated a hold rating and issued a GBX 455 ($5.99) price target on shares of Rentokil Initial in a research note on Thursday, October 17th. Royal Bank of Canada cut their price target on shares of Rentokil Initial from GBX 470 ($6.18) to GBX 450 ($5.92) and set a sector performer rating for the company in a research note on Friday. Jefferies Financial Group reiterated a hold rating on shares of Rentokil Initial in a research note on Friday, December 13th. Deutsche Bank reiterated a hold rating on shares of Rentokil Initial in a research note on Friday, October 18th. Finally, Peel Hunt reiterated a hold rating on shares of Rentokil Initial in a research note on Monday, December 23rd. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average price target of GBX 446.11 ($5.87).
RTO stock traded up GBX 3.70 ($0.05) during trading hours on Monday, reaching GBX 455.40 ($5.99). The stock had a trading volume of 866,936 shares, compared to its average volume of 7,450,000. The stock has a market capitalization of $8.35 billion and a PE ratio of -85.92. The company has a debt-to-equity ratio of 217.72, a current ratio of 0.83 and a quick ratio of 0.74. The stock has a 50-day simple moving average of GBX 448.43 and a 200 day simple moving average of GBX 441.94. Rentokil Initial has a fifty-two week low of GBX 327.90 ($4.31) and a fifty-two week high of GBX 470.70 ($6.19).
About Rentokil Initial
Rentokil Initial plc, through its subsidiaries, provides route-based services in North America, the United Kingdom, Europe, Asia, Pacific, and rest of world. It offers a range of pest control services from rodents to flying insects, as well as to other forms of wildlife management for commercial and residential customers.
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