Rentokil Initial plc (LON:RTO) had its target price boosted by equities researchers at Deutsche Bank AG from GBX 250 ($3.12) to GBX 260 ($3.25) in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock. Deutsche Bank AG’s price objective points to a potential upside of 10.26% from the company’s previous close.
A number of other equities research analysts have also recently issued reports on RTO. Peel Hunt reiterated an “add” rating and issued a GBX 229 ($2.86) target price on shares of Rentokil Initial plc in a research note on Wednesday, January 18th. Barclays PLC raised their target price on Rentokil Initial plc from GBX 238 ($2.97) to GBX 252 ($3.15) and gave the company an “overweight” rating in a research note on Thursday, October 20th. Credit Suisse Group reiterated an “outperform” rating and issued a GBX 255 ($3.19) target price on shares of Rentokil Initial plc in a research note on Monday, October 24th. Finally, J P Morgan Chase & Co raised their target price on Rentokil Initial plc from GBX 155 ($1.94) to GBX 168 ($2.10) and gave the company an “underweight” rating in a research note on Thursday, October 20th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of GBX 228.38 ($2.85).
Shares of Rentokil Initial plc (LON:RTO) opened at 235.80 on Monday. The company has a 50-day moving average of GBX 224.40 and a 200-day moving average of GBX 220.36. The firm’s market capitalization is GBX 4.30 billion. Rentokil Initial plc has a 52 week low of GBX 151.90 and a 52 week high of GBX 236.99.
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Rentokil Initial plc Company Profile
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.
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