Deutsche Bank Reaffirms “Hold” Rating for Rentokil Initial (LON:RTO)

Deutsche Bank reissued their hold rating on shares of Rentokil Initial (LON:RTO) in a research report released on Thursday, ThisIsMoney.Co.Uk reports.

Other research analysts also recently issued research reports about the stock. Peel Hunt restated a hold rating on shares of Rentokil Initial in a research report on Monday, July 29th. Barclays increased their price objective on shares of Rentokil Initial from GBX 350 ($4.57) to GBX 410 ($5.36) and gave the company an overweight rating in a research report on Thursday, June 27th. JPMorgan Chase & Co. increased their price objective on shares of Rentokil Initial from GBX 395 ($5.16) to GBX 415 ($5.42) and gave the company an overweight rating in a research report on Friday, July 26th. Finally, Jefferies Financial Group reaffirmed a hold rating on shares of Rentokil Initial in a report on Tuesday, April 9th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Rentokil Initial currently has an average rating of Hold and a consensus price target of GBX 404.33 ($5.28).

Shares of Rentokil Initial stock opened at GBX 438.50 ($5.73) on Thursday. The company has a market capitalization of $8.11 billion and a P/E ratio of -82.74. The firm’s 50 day moving average is GBX 408.63. Rentokil Initial has a twelve month low of GBX 280 ($3.66) and a twelve month high of GBX 435.30 ($5.69). The company has a current ratio of 0.88, a quick ratio of 0.72 and a debt-to-equity ratio of 152.01.

The firm also recently announced a dividend, which will be paid on Wednesday, September 11th. Shareholders of record on Thursday, August 8th will be issued a dividend of GBX 1.51 ($0.02) per share. The ex-dividend date is Thursday, August 8th. This represents a yield of 0.35%. Rentokil Initial’s dividend payout ratio is currently -0.75%.

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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Analyst Recommendations for Rentokil Initial (LON:RTO)

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