Rentokil Initial PLC (OTCMKTS:RTOKY) was downgraded by research analysts at RBC Capital Markets from a “top pick” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, The Fly reports.
Several other research analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of Rentokil Initial PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, October 4th. Deutsche Bank AG upgraded shares of Rentokil Initial PLC from a “hold” rating to a “buy” rating in a research note on Tuesday, August 2nd. Finally, HSBC upgraded shares of Rentokil Initial PLC from a “reduce” rating to a “hold” rating in a research note on Monday, July 18th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy”.
Shares of Rentokil Initial PLC (OTCMKTS:RTOKY) opened at 13.95 on Thursday. The firm’s 50-day moving average is $14.61 and its 200 day moving average is $13.64. The stock has a market capitalization of $5.09 billion, a price-to-earnings ratio of 30.00 and a beta of 0.87. Rentokil Initial PLC has a 52-week low of $10.49 and a 52-week high of $15.24.
About Rentokil Initial PLC
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.
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