Rentokil Initial (LON:RTO) Rating Reiterated by Peel Hunt – Riverton Roll

Rentokil Initial (LON:RTO)s stock had its hold rating reiterated by stock analysts at Peel Hunt in a research report issued on Monday, ThisIsMoney.Co.Uk reports.

A number of other research analysts also recently issued reports on the stock. Jefferies Financial Group reaffirmed a hold rating on shares of Rentokil Initial in a research report on Friday, December 13th. Deutsche Bank reaffirmed a hold rating on shares of Rentokil Initial in a research report on Friday, October 18th. Credit Suisse Group downgraded shares of Rentokil Initial to a neutral rating and cut their price objective for the stock from GBX 460 ($6.05) to GBX 450 ($5.92) in a research report on Tuesday, January 7th. Royal Bank of Canada cut their price objective on shares of Rentokil Initial from GBX 470 ($6.18) to GBX 450 ($5.92) and set a sector performer rating on the stock in a research report on Friday, January 10th. Finally, HSBC reiterated a buy rating on shares of Rentokil Initial in a research note on Monday, January 13th. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the companys stock. Rentokil Initial has a consensus rating of Hold and an average price target of GBX 446.11 ($5.87).

Shares of Rentokil Initial stock opened at GBX 476.80 ($6.27) on Monday. The firms 50 day moving average price is GBX 457.59 and its 200-day moving average price is GBX 447.06. The company has a quick ratio of 0.74, a current ratio of 0.83 and a debt-to-equity ratio of 217.72. Rentokil Initial has a 52-week low of GBX 327.90 ($4.31) and a 52-week high of GBX 475.50 ($6.25). The company has a market cap of $8.80 billion and a P/E ratio of -89.96.

In related news, insider Daragh Fagan sold 100,000 shares of Rentokil Initial stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of GBX 457 ($6.01), for a total value of 457,000 ($601,157.59).

About Rentokil Initial

Rentokil Initial plc, through its subsidiaries, provides route-based services in North America, the United Kingdom, Europe, Asia, Pacific, and rest of world. It offers a range of pest control services from rodents to flying insects, as well as to other forms of wildlife management for commercial and residential customers.

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Rentokil Initial (LON:RTO) Rating Reiterated by Peel Hunt - Riverton Roll