Rentokil Initial plc (LON:RTO) shares traded up 0% on Friday . The company traded as high as GBX 316.20 ($4.29) and last traded at GBX 316.10 ($4.29). 4,080,000 shares were traded during trading, an increase of 24% from the average session volume of 3,280,000 shares. The stock had previously closed at GBX 316.10 ($4.29).
A number of research analysts have weighed in on the stock. HSBC boosted their target price on shares of Rentokil Initial from GBX 235 ($3.19) to GBX 290 ($3.93) and gave the stock a “hold” rating in a research report on Friday, November 17th. Peel Hunt boosted their target price on shares of Rentokil Initial from GBX 300 ($4.07) to GBX 348 ($4.72) and gave the stock a “buy” rating in a research report on Monday, November 13th. Goldman Sachs Group assumed coverage on shares of Rentokil Initial in a research report on Monday, December 4th. They set a “buy” rating and a GBX 400 ($5.42) target price for the company. Jefferies Group assumed coverage on shares of Rentokil Initial in a research report on Monday, December 4th. They set a “hold” rating and a GBX 335 ($4.54) target price for the company. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a GBX 211 ($2.86) target price on shares of Rentokil Initial in a research report on Friday, October 20th. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 299.29 ($4.06).
The firm has a market capitalization of $5,810.00 and a PE ratio of 854.32.
About Rentokil Initial
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.
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