Rentokil Initial plc (LON:RTO) Receives Average Rating of “Hold” from Analysts

Shares of Rentokil Initial plc (LON:RTO) have received a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 406.25 ($5.31).

Several equities analysts have commented on the company. Peel Hunt reiterated a “hold” rating on shares of Rentokil Initial in a report on Monday, July 29th. JPMorgan Chase & Co. increased their price target on Rentokil Initial from GBX 395 ($5.16) to GBX 415 ($5.42) and gave the company an “overweight” rating in a report on Friday, July 26th. Deutsche Bank reiterated a “hold” rating on shares of Rentokil Initial in a report on Thursday, August 1st. Finally, Barclays increased their price target on Rentokil Initial from GBX 350 ($4.57) to GBX 410 ($5.36) and gave the company an “overweight” rating in a report on Thursday, June 27th.

RTO stock traded down GBX 0.80 ($0.01) during midday trading on Friday, hitting GBX 446.10 ($5.83). 1,602,192 shares of the company traded hands, compared to its average volume of 7,450,000. Rentokil Initial has a twelve month low of GBX 280 ($3.66) and a twelve month high of GBX 435.30 ($5.69). The company has a quick ratio of 0.74, a current ratio of 0.83 and a debt-to-equity ratio of 217.72. The firm’s 50 day simple moving average is GBX 420.78. The company has a market cap of $8.31 billion and a PE ratio of -84.17.

The firm also recently disclosed a dividend, which will be paid on Wednesday, September 11th. Stockholders of record on Thursday, August 8th will be given a GBX 1.51 ($0.02) dividend. The ex-dividend date is Thursday, August 8th. This represents a dividend yield of 0.35%. Rentokil Initial’s dividend payout ratio is -0.94%.

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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Analyst Recommendations for Rentokil Initial (LON:RTO)

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