Rentokil Initial (LON:RTO) Trading Up 0.4% – Time to Buy?

Shares of Rentokil Initial plc (LON:RTO) traded up 0.4% on Thursday . The stock traded as high as GBX 410.26 ($5.48) and last traded at GBX 407.30 ($5.44). 4,269,086 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 9,078,447 shares. The stock had previously closed at GBX 405.50 ($5.42).

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 440 price target on shares of Rentokil Initial in a research note on Friday, August 1st. UBS Group reaffirmed a “neutral” rating and issued a GBX 380 price target on shares of Rentokil Initial in a research note on Friday, October 17th. JPMorgan Chase & Co. reaffirmed a “no recommendation” rating on shares of Rentokil Initial in a research note on Monday, August 11th. Deutsche Bank Aktiengesellschaft increased their target price on Rentokil Initial from GBX 425 to GBX 435 and gave the stock a “buy” rating in a research note on Monday, July 21st. Finally, Berenberg Bank reissued a “sell” rating and issued a GBX 284 target price on shares of Rentokil Initial in a research note on Monday, September 29th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 393.80.

Rentokil Initial Stock Performance

The stock has a market capitalization of £11.42 billion, a PE ratio of 35.40, a PEG ratio of 0.56 and a beta of 0.55. The business has a 50 day moving average price of GBX 376.41 and a 200 day moving average price of GBX 359.23. The company has a debt-to-equity ratio of 113.35, a current ratio of 1.04 and a quick ratio of 1.76.

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.