Rentokil Initial (LON:RTO) Stock Rating Reaffirmed by JPMorgan Chase & Co.

Rentokil Initial (LON:RTO)‘s stock had its “buy” rating reiterated by JPMorgan Chase & Co. in a research report issued on Tuesday, MarketBeat.com reports. They presently have a GBX 500 ($6.18) target price on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 19.53% from the company’s current price.

Other equities research analysts also recently issued research reports about the company. Royal Bank of Canada raised their price target on Rentokil Initial from GBX 575 ($7.10) to GBX 590 ($7.29) and gave the company an “outperform” rating in a report on Tuesday, March 12th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 600 ($7.41) price target on shares of Rentokil Initial in a report on Thursday, April 18th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 614 ($7.58).

Rentokil Initial Price Performance

LON:RTO opened at GBX 418.30 ($5.17) on Tuesday. Rentokil Initial has a 1-year low of GBX 387.80 ($4.79) and a 1-year high of GBX 663.80 ($8.20). The company has a current ratio of 1.05, a quick ratio of 1.76 and a debt-to-equity ratio of 116.93. The firm has a fifty day simple moving average of GBX 451.62 and a 200 day simple moving average of GBX 445.88. The stock has a market capitalization of £10.54 billion, a PE ratio of 2,788.67, a P/E/G ratio of 0.79 and a beta of 0.54.

Insider Buying and Selling

In related news, insider Andy M. Ransom sold 464,245 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of GBX 489 ($6.04), for a total value of £2,270,158.05 ($2,804,048.97). 1.10% of the stock is owned by company insiders.

Rentokil Initial Company Profile

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers.