Jefferies Financial Group Reiterates “Buy” Rating for Rentokil Initial (LON:RTO)

Rentokil Initial (LON:RTO)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Financial Group in a research note issued on Thursday, MarketBeat.com reports. They currently have a GBX 600 ($7.47) target price on the stock. Jefferies Financial Group’s target price indicates a potential upside of 41.94% from the stock’s current price.

Separately, Royal Bank of Canada increased their target price on Rentokil Initial from GBX 575 ($7.16) to GBX 590 ($7.34) and gave the stock an “outperform” rating in a research note on Tuesday, March 12th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 636.80 ($7.93).

Rentokil Initial Price Performance

RTO opened at GBX 422.70 ($5.26) on Thursday. The stock’s 50-day moving average price is GBX 450.29 and its 200 day moving average price is GBX 450.47. Rentokil Initial has a 12-month low of GBX 387.80 ($4.83) and a 12-month high of GBX 663.80 ($8.26). The company has a current ratio of 1.05, a quick ratio of 1.76 and a debt-to-equity ratio of 116.93. The firm has a market cap of £10.65 billion, a price-to-earnings ratio of 2,818.00, a PEG ratio of 0.79 and a beta of 0.54.

Insider Buying and Selling at Rentokil Initial

In other Rentokil Initial news, insider Andy M. Ransom sold 464,245 shares of the stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of GBX 489 ($6.09), for a total value of £2,270,158.05 ($2,826,040.15). 1.10% of the stock is owned by corporate insiders.

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.