Rentokil Initial (LON:RTO) Rating Increased to Buy at UBS Group

UBS Group upgraded shares of Rentokil Initial (LON:RTO) from a neutral rating to a buy rating in a research note issued to investors on Thursday, Marketbeat Ratings reports. They currently have GBX 540 price objective on the stock, up from their previous price objective of GBX 430.

Other equities research analysts also recently issued reports about the company. Stifel Nicolaus restated a “hold” rating and set a GBX 390 price objective on shares of Rentokil Initial in a research report on Thursday, March 5th. Jefferies Financial Group lifted their target price on Rentokil Initial from GBX 540 to GBX 550 and gave the stock a “buy” rating in a report on Tuesday. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Rentokil Initial has an average rating of “Moderate Buy” and an average price target of GBX 450.71.

Rentokil Initial Price Performance

RTO opened at GBX 487.40 on Thursday. The company has a debt-to-equity ratio of 111.54, a quick ratio of 1.76 and a current ratio of 1.16. Rentokil Initial has a 52-week low of GBX 306 and a 52-week high of GBX 493.60. The company’s 50-day simple moving average is GBX 459.96 and its two-hundred day simple moving average is GBX 422.86. The stock has a market capitalization of £12.26 billion, a P/E ratio of 37.98, a P/E/G ratio of 0.56 and a beta of 0.49.

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. The company provides hygiene services, including the provision and maintenance of products, such as soap and hand sanitizer dispensers, hand dryers, air care and purification, cubicle and surface sanitizers, feminine hygiene units, toilet paper dispensers, and floor protection mats.