Rentokil Initial (RTO) Rating Reiterated by JPMorgan Chase & Co.

Rentokil Initial (LON:RTO)‘s stock had its “overweight” rating restated by JPMorgan Chase & Co. in a note issued to investors on Wednesday, May 15th, ThisIsMoney.Co.Uk reports.

Other analysts have also issued reports about the stock. Peel Hunt restated an “add” rating on shares of Rentokil Initial in a report on Thursday, February 28th. Deutsche Bank reaffirmed a “hold” rating on shares of Rentokil Initial in a research note on Friday, March 1st. Jefferies Financial Group reaffirmed a “hold” rating on shares of Rentokil Initial in a research note on Tuesday, April 9th. Finally, Goldman Sachs Group decreased 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 research note on Monday, March 18th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 381.10 ($4.98).

Shares of Rentokil Initial stock traded up GBX 6.50 ($0.08) during trading on Wednesday, reaching GBX 378.50 ($4.95). 5,267,191 shares of the stock were exchanged, compared to its average volume of 7,450,000. 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 has a market cap of $6.97 billion and a P/E ratio of -71.42. Rentokil Initial has a 1 year low of GBX 280 ($3.66) and a 1 year high of GBX 393.80 ($5.15).

In other news, insider Richard Solomons purchased 25,000 shares of Rentokil Initial stock in a transaction that occurred on Friday, April 26th. The stock was bought at an average price of GBX 390 ($5.10) per share, with a total value of £97,500 ($127,401.02).

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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