JPMorgan Chase & Co. upgraded shares of Rentokil Initial (LON:RTO) to an overweight rating in a research report report published on Friday, Stock Target Advisor reports. They currently have GBX 560 ($6.89) price objective on the stock, up from their prior price objective of GBX 430 ($5.29).

Several other analysts also recently issued reports on the company. HSBC downgraded Rentokil Initial to a hold rating and reduced their price target for the company from GBX 515 ($6.34) to GBX 390 ($4.80) in a research note on Friday, March 20th. Barclays boosted their price target on Rentokil Initial from GBX 445 ($5.48) to GBX 505 ($6.21) and gave the company an overweight rating in a research note on Thursday, February 27th. Goldman Sachs Group upgraded Rentokil Initial to a buy rating in a research note on Thursday, March 26th. Peel Hunt restated a hold rating and issued a GBX 417 ($5.13) price target (down from GBX 495 ($6.09)) on shares of Rentokil Initial in a research note on Thursday, April 16th. Finally, Deutsche Bank reiterated a hold rating on shares of Rentokil Initial in a research report on Friday, April 17th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of GBX 458.70 ($5.64).

RTO opened at GBX 514 ($6.33) on Friday. The business has a fifty day simple moving average of GBX 491.03 and a 200 day simple moving average of GBX 461.44. The company has a market capitalization of $9.47 billion and a PE ratio of 33.61. Rentokil Initial has a 1 year low of GBX 247.70 ($3.05) and a 1 year high of GBX 535.20 ($6.59). The company has a debt-to-equity ratio of 135.75, a current ratio of 1.01 and a quick ratio of 0.86.

In other Rentokil Initial news, insider Cathy Turner acquired 15,384 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was acquired at an average cost of GBX 390 ($4.80) per share, for a total transaction of £59,997.60 ($73,834.11). Also, insider Daragh Fagan sold 3,000 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of £477.40 ($587.50), for a total value of £1,432,200 ($1,762,490.77).

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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Analyst Recommendations for Rentokil Initial (LON:RTO)

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