UBS Group Reiterates “Neutral” Rating for Rentokil Initial (LON:RTO)

Rentokil Initial (LON:RTO)‘s stock had its “neutral” rating restated by equities researchers at UBS Group in a report issued on Friday, MarketBeat reports. They presently have a GBX 380 target price on the stock. UBS Group’s target price would indicate a potential downside of 4.93% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. reaffirmed a “no recommendation” rating on shares of Rentokil Initial in a research report on Monday, August 11th. Berenberg Bank reaffirmed a “sell” rating and set a GBX 284 target price on shares of Rentokil Initial in a research report on Monday, September 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 440 target price on shares of Rentokil Initial in a research report on Friday, August 1st. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Rentokil Initial from GBX 425 to GBX 435 and gave the stock a “buy” rating in a research report on Monday, July 21st. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 393.80.

Rentokil Initial Stock Up 0.4%

Shares of LON:RTO opened at GBX 399.70 on Friday. The stock has a market cap of £10.05 billion, a price-to-earnings ratio of 3,114.60, a PEG ratio of 0.56 and a beta of 0.55. The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 113.35. Rentokil Initial has a 12-month low of GBX 306 and a 12-month high of GBX 427.20. The business’s 50 day moving average is GBX 374.62 and its 200 day moving average is GBX 358.03.

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.