Rentokil Initial (LON:RTO) PT Lowered to GBX 465

Rentokil Initial (LON:RTO) had its target price lowered by analysts at Deutsche Bank Aktiengesellschaft from GBX 550 ($7.19) to GBX 465 ($6.08) in a note issued to investors on Thursday, Digital Look reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 24.90% from the company’s previous close.

RTO has been the subject of a number of other research reports. Royal Bank of Canada reissued an “outperform” rating and set a GBX 570 ($7.45) target price on shares of Rentokil Initial in a research report on Wednesday, July 31st. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 500 ($6.54) target price on shares of Rentokil Initial in a research report on Tuesday, July 2nd.

Rentokil Initial Stock Down 2.1 %

RTO stock opened at GBX 372.30 ($4.87) on Thursday. The company has a current ratio of 1.04, a quick ratio of 1.76 and a debt-to-equity ratio of 116.58. Rentokil Initial has a 1 year low of GBX 369.80 ($4.84) and a 1 year high of GBX 615.40 ($8.05). The company has a fifty day simple moving average of GBX 468.51 and a 200 day simple moving average of GBX 450.79. The firm has a market cap of £9.34 billion, a PE ratio of 2,482.00, a PEG ratio of 0.84 and a beta of 0.55.

Insider Transactions at Rentokil Initial

In related news, insider Sally Johnson acquired 2,493 shares of the company’s stock in a transaction dated Wednesday, June 26th. The shares were bought at an average price of GBX 462 ($6.04) per share, for a total transaction of £11,517.66 ($15,061.67). Insiders own 1.10% of the company’s stock.

Rentokil Initial Company Profile

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.