Rentokil Initial plc (LON:RTO – Get Free Report) shares reached a new 52-week low on Wednesday. The stock traded as low as GBX 296.80 and last traded at GBX 298.50, with a volume of 1559719000 shares traded. The stock had previously closed at GBX 304.
Wall Street Analyst Weigh In
Several equities analysts have commented on the company. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 480 price target on shares of Rentokil Initial in a report on Friday, September 18th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 550 price objective on shares of Rentokil Initial in a report on Thursday, July 9th. JPMorgan Chase & Co. lowered their target price on shares of Rentokil Initial from GBX 477 to GBX 431 and set an “overweight” rating on the stock in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Rentokil Initial from GBX 465 to GBX 405 and set a “hold” rating on the stock in a report on Monday, August 3rd. Finally, Citigroup cut their target price on shares of Rentokil Initial from GBX 575 to GBX 550 and set a “buy” rating for the company in a research report on Friday, July 31st. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 455.75.
Read Our Latest Research Report on Rentokil Initial
Rentokil Initial Price Performance
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. The company provides hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers, and floor protection mats.
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