Rentokil Initial (LON:RTO) Insider Sally Johnson Purchases 2,676 Shares of Stock

Rentokil Initial plc (LON:RTO) insider Sally Johnson purchased 2,676 shares of the business’s stock in a transaction on Monday, March 16th. The shares were acquired at an average price of GBX 483 per share, for a total transaction of £12,925.08.

Rentokil Initial Stock Performance

Shares of RTO stock opened at GBX 482.70 on Wednesday. The firm has a 50 day moving average of GBX 462.08 and a 200-day moving average of GBX 426.38. The company has a market cap of £12.14 billion, a price-to-earnings ratio of 37.61, a price-to-earnings-growth ratio of 0.56 and a beta of 0.49. The company has a quick ratio of 1.76, a current ratio of 1.16 and a debt-to-equity ratio of 111.54. Rentokil Initial plc has a 52 week low of GBX 306 and a 52 week high of GBX 493.90.

Analyst Ratings Changes

A number of research firms have commented on RTO. Stifel Nicolaus restated a “hold” rating and issued a GBX 390 price target on shares of Rentokil Initial in a report on Thursday, March 5th. Jefferies Financial Group increased their price objective on shares of Rentokil Initial from GBX 540 to GBX 550 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Finally, UBS Group upgraded Rentokil Initial from a “neutral” rating to a “buy” rating and raised their target price for the company from GBX 430 to GBX 540 in a research note on Thursday, March 12th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Rentokil Initial has an average rating of “Moderate Buy” and a consensus price target of GBX 450.71.

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.