Insider Buying: Rentokil Initial plc (LON:RTO) Insider Acquires 2,493 Shares of Stock

Rentokil Initial plc (LON:RTO) insider Sally Johnson acquired 2,493 shares of the company’s stock in a transaction on Wednesday, June 26th. The stock was acquired at an average price of GBX 462 ($5.86) per share, for a total transaction of £11,517.66 ($14,610.76).

Rentokil Initial Stock Performance

Shares of LON:RTO traded up GBX 2.40 ($0.03) during midday trading on Wednesday, hitting GBX 460.80 ($5.85). The stock had a trading volume of 12,735,902 shares, compared to its average volume of 10,097,746. The company has a market capitalization of £11.57 billion, a PE ratio of 3,094.00, a P/E/G ratio of 0.71 and a beta of 0.56. The stock has a 50 day moving average price of GBX 424.92 and a two-hundred day moving average price of GBX 431.12. The company has a current ratio of 1.05, a quick ratio of 1.76 and a debt-to-equity ratio of 116.93. Rentokil Initial plc has a 1 year low of GBX 387.80 ($4.92) and a 1 year high of GBX 663.80 ($8.42).

Analyst Ratings Changes

A number of research analysts have commented on RTO shares. Jefferies Financial Group restated a “buy” rating and issued a GBX 600 ($7.61) price objective on shares of Rentokil Initial in a research note on Thursday, April 18th. Royal Bank of Canada restated an “outperform” rating and issued a GBX 590 ($7.48) price objective on shares of Rentokil Initial in a research note on Monday, June 17th. Finally, JPMorgan Chase & Co. restated a “buy” rating and issued a GBX 500 ($6.34) price objective on shares of Rentokil Initial in a research note on Tuesday, April 23rd. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Rentokil Initial has an average rating of “Moderate Buy” and an average target price of GBX 603.80 ($7.66).

About Rentokil Initial

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