Rentokil Initial plc (LON:RTO)’s share price traded up 0.4% during mid-day trading on Monday . The stock traded as high as GBX 392 ($5.12) and last traded at GBX 391.20 ($5.11). 3,431,804 shares were traded during trading, a decline of 54% from the average session volume of 7,450,000 shares. The stock had previously closed at GBX 389.80 ($5.09).
Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Rentokil Initial from GBX 375 ($4.90) to GBX 395 ($5.16) and gave the company an “overweight” rating in a report on Tuesday, May 7th. Peel Hunt reiterated a “hold” rating on shares of Rentokil Initial in a report on Tuesday, April 30th. Jefferies Financial Group reiterated a “hold” rating on shares of Rentokil Initial in a report on Tuesday, April 9th. Deutsche Bank reiterated a “hold” rating on shares of Rentokil Initial in a report on Friday, March 1st. Finally, Goldman Sachs Group lowered their target price on shares of Rentokil Initial from GBX 420 ($5.49) to GBX 400 ($5.23) and set a “neutral” rating for the company in a report on Monday, March 18th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 370.13 ($4.84).
The stock has a market cap of $7.20 billion and a P/E ratio of -73.81. The business has a fifty day moving average of GBX 382.54. The company has a debt-to-equity ratio of 152.01, a current ratio of 0.88 and a quick ratio of 0.72.
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About Rentokil Initial (LON:RTO)
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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