Rentokil Initial (NYSE:RTO) Upgraded at UBS Group

UBS Group upgraded shares of Rentokil Initial (NYSE:RTO) from a sell rating to a neutral rating in a research report released on Monday morning, Benzinga reports.

RTO has been the topic of several other research reports. JPMorgan Chase & Co. initiated coverage on shares of Rentokil Initial in a research report on Tuesday, April 23rd. They set a neutral rating on the stock. BNP Paribas upgraded shares of Rentokil Initial from a neutral rating to an outperform rating in a research report on Monday, March 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of Hold and a consensus price target of $29.00.

Rentokil Initial Trading Up 2.2 %

NYSE:RTO opened at $30.05 on Monday. Rentokil Initial has a 1-year low of $23.39 and a 1-year high of $41.55. The company’s fifty day moving average price is $27.72 and its 200-day moving average price is $27.85.

Institutional Trading of Rentokil Initial

Several institutional investors have recently modified their holdings of the stock. Janus Henderson Group PLC grew its position in shares of Rentokil Initial by 0.7% in the first quarter. Janus Henderson Group PLC now owns 16,139,724 shares of the company’s stock valued at $486,610,000 after purchasing an additional 105,248 shares during the period. Robertson Opportunity Capital LLC grew its position in shares of Rentokil Initial by 58.8% in the first quarter. Robertson Opportunity Capital LLC now owns 137,755 shares of the company’s stock valued at $4,153,000 after purchasing an additional 51,007 shares during the period. Lazard Asset Management LLC grew its position in shares of Rentokil Initial by 345,196.7% in the first quarter. Lazard Asset Management LLC now owns 1,560,741 shares of the company’s stock valued at $47,056,000 after purchasing an additional 1,560,289 shares during the period. Gabelli Funds LLC grew its position in shares of Rentokil Initial by 42.9% in the first quarter. Gabelli Funds LLC now owns 50,000 shares of the company’s stock valued at $1,508,000 after purchasing an additional 15,000 shares during the period. Finally, Capital World Investors lifted its stake in shares of Rentokil Initial by 6.6% in the first quarter. Capital World Investors now owns 89,776 shares of the company’s stock worth $2,707,000 after buying an additional 5,562 shares in the last quarter. Institutional investors and hedge funds own 9.91% of the company’s stock.

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.