Rentokil Initial plc (LON:RTO) has been assigned an average rating of “Buy” from the twelve analysts that are covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 365 ($4.77).
Several equities research analysts have recently weighed in on RTO shares. Jefferies Financial Group reissued a “hold” rating on shares of Rentokil Initial in a research note on Monday, August 6th. Deutsche Bank raised their price target on shares of Rentokil Initial from GBX 320 ($4.18) to GBX 325 ($4.25) and gave the stock a “hold” rating in a research note on Friday, August 17th. Peel Hunt reaffirmed an “add” rating on shares of Rentokil Initial in a research note on Monday, October 15th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 345 ($4.51) price target (up previously from GBX 211 ($2.76)) on shares of Rentokil Initial in a research note on Wednesday, October 17th.
Shares of RTO traded up GBX 7.50 ($0.10) during midday trading on Monday, hitting GBX 337.50 ($4.41). The stock had a trading volume of 2,912,004 shares, compared to its average volume of 7,450,000. Rentokil Initial has a 1 year low of GBX 238.20 ($3.11) and a 1 year high of GBX 338.80 ($4.43).
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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