Rentokil Initial (LON:RTO) Raised to Buy at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Rentokil Initial (LON:RTO) to a buy rating in a report released on Monday, Stock Target Advisor reports. The brokerage currently has GBX 620 ($8.16) price objective on the stock, up from their previous price objective of GBX 425 ($5.59).

Several other research analysts also recently commented on RTO. Royal Bank of Canada lowered their target price 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 note on Friday, January 10th. Citigroup reissued a buy rating on shares of Rentokil Initial in a research note on Tuesday, February 4th. Peel Hunt reissued a hold rating on shares of Rentokil Initial in a research note on Monday. HSBC reissued a buy rating on shares of Rentokil Initial in a research note on Monday, January 13th. Finally, Credit Suisse Group downgraded Rentokil Initial to a neutral rating and lowered their target price for the stock from GBX 460 ($6.05) to GBX 450 ($5.92) in a research note on Tuesday, January 7th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Rentokil Initial currently has an average rating of Hold and an average target price of GBX 463.50 ($6.10).

RTO opened at GBX 495.05 ($6.51) on Monday. Rentokil Initial has a twelve month low of GBX 327.90 ($4.31) and a twelve month high of GBX 511.80 ($6.73). The company has a 50-day simple moving average of GBX 480.84 and a 200 day simple moving average of GBX 456.89. 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 stock has a market capitalization of $9.17 billion and a price-to-earnings ratio of -93.41.

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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