Rentokil Initial (LON:RTO) Receives “Hold” Rating from Deutsche Bank
Deutsche Bank reaffirmed their hold rating on shares of Rentokil Initial (LON:RTO) in a research note issued to investors on Friday morning, Stock Target Advisor reports.
Several other brokerages have also recently weighed in on RTO. Citigroup reiterated a buy rating on shares of Rentokil Initial in a research report on Tuesday, February 4th. Royal Bank of Canada reduced their price target on Rentokil Initial from GBX 470 ($6.18) to GBX 450 ($5.92) and set a sector performer rating for the company in a research report on Friday, January 10th. Peel Hunt reiterated a hold rating and issued a GBX 495 ($6.51) price target (up from GBX 460 ($6.05)) on shares of Rentokil Initial in a research report on Monday, February 24th. HSBC reiterated a buy rating on shares of Rentokil Initial in a research report on Monday, January 13th. Finally, Barclays lifted their price target on Rentokil Initial from GBX 445 ($5.85) to GBX 505 ($6.64) and gave the company an overweight rating in a research report on Thursday. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of GBX 477 ($6.27).
LON:RTO traded down GBX 20 ($0.26) during trading hours on Friday, reaching GBX 484 ($6.37). The stock had a trading volume of 15,880,859 shares, compared to its average volume of 7,450,000. The company has a debt-to-equity ratio of 217.72, a quick ratio of 0.74 and a current ratio of 0.83. The stock has a 50 day simple moving average of GBX 483.65 and a 200 day simple moving average of GBX 457.57. Rentokil Initial has a 12-month low of GBX 327.90 ($4.31) and a 12-month high of GBX 511.80 ($6.73). The stock has a market cap of $8.95 billion and a P/E ratio of -91.32.
Rentokil Initial Company Profile
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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