Rentokil Initial’s (RTO) “Hold” Rating Reiterated at Peel Hunt

Peel Hunt reiterated their hold rating on shares of Rentokil Initial (LON:RTO) in a research report released on Thursday morning, ThisIsMoney.Co.Uk reports. Peel Hunt currently has a GBX 381 ($4.98) price target on the stock, up from their prior price target of GBX 345 ($4.51).

A number of other analysts have also recently issued reports on the company. Jefferies Financial Group reaffirmed a hold rating on shares of Rentokil Initial in a research report on Tuesday, April 9th. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Rentokil Initial in a research report on Monday, April 8th. Goldman Sachs Group cut their price objective on Rentokil Initial from GBX 420 ($5.49) to GBX 400 ($5.23) and set a neutral rating for the company in a research report on Monday, March 18th. Finally, Deutsche Bank reaffirmed a hold rating on shares of Rentokil Initial in a research report on Friday, March 1st. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Rentokil Initial currently has an average rating of Hold and an average price target of GBX 374.18 ($4.89).

RTO opened at GBX 374.90 ($4.90) on Thursday. Rentokil Initial has a 12-month low of GBX 280 ($3.66) and a 12-month high of GBX 376 ($4.91). The company has a market capitalization of $6.90 billion and a PE ratio of -70.74. The company has a quick ratio of 0.72, a current ratio of 0.88 and a debt-to-equity ratio of 152.01.

The company also recently declared a dividend, which will be paid on Wednesday, May 15th. Investors of record on Thursday, April 11th will be issued a dividend of GBX 3.16 ($0.04) per share. This is a boost from Rentokil Initial’s previous dividend of $1.31. This represents a yield of 0.96%. The ex-dividend date of this dividend is Thursday, April 11th. Rentokil Initial’s dividend payout ratio (DPR) is presently -0.75%.

Rentokil Initial Company Profile

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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Analyst Recommendations for Rentokil Initial (LON:RTO)

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