Shares of Rentokil Initial PLC (NYSE:RTO – Get Free Report) have been assigned an average rating of “Moderate Buy” from the fifteen brokerages that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $31.90.
A number of equities research analysts have issued reports on RTO shares. The Goldman Sachs Group raised Rentokil Initial from a “neutral” rating to a “buy” rating in a research report on Monday, July 6th. Investec raised shares of Rentokil Initial to a “buy” rating in a report on Wednesday. Zacks Research lowered shares of Rentokil Initial from a “hold” rating to a “strong sell” rating in a research note on Monday, June 15th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Rentokil Initial in a report on Monday, August 3rd. Finally, BNP Paribas Exane downgraded Rentokil Initial from an “outperform” rating to a “neutral” rating and set a $26.70 price target on the stock. in a research report on Friday, July 31st.
Read Our Latest Research Report on Rentokil Initial
Institutional Inflows and Outflows
Rentokil Initial Stock Performance
Shares of RTO opened at $20.57 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.07 and a current ratio of 1.16. Rentokil Initial has a 12 month low of $20.52 and a 12 month high of $34.67. The company’s fifty day moving average is $24.41 and its 200-day moving average is $28.93.
Rentokil Initial Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Friday, August 14th were paid a $0.2240 dividend. The ex-dividend date was Friday, August 14th. This is a negative change from Rentokil Initial’s previous dividend of $0.4120. This represents a dividend yield of 188.0%.
Rentokil Initial Company Profile
Rentokil Initial plc is a United Kingdom-based business services company specializing in pest control, hygiene and workplace services. Through its pest control operations, the company provides inspection, prevention and treatment programs for residential, commercial and industrial customers, addressing insects, rodents, birds and other pests.
The company also supplies hygiene and washroom services, including sanitary products, restroom equipment, air-care systems and related maintenance programs.
Read More
- Five stocks we like better than Rentokil Initial
- 3 Space Stocks to Watch as SpaceX Reshapes the Launch Market
- Dave’s Success Has Investors Split
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
Receive News & Ratings for Rentokil Initial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rentokil Initial and related companies with MarketBeat.com's FREE daily email newsletter.
