Rentokil Initial plc (LON:RTO) has been given a consensus recommendation of “Buy” by the ten brokerages that are currently covering the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is GBX 210.44 ($2.75).
A number of research analysts have recently issued reports on the stock. Barclays PLC boosted their price target on shares of Rentokil Initial plc from GBX 178 ($2.32) to GBX 215 ($2.81) and gave the stock an “overweight” rating in a research note on Friday, July 8th. Deutsche Bank AG reiterated a “hold” rating and set a GBX 160 ($2.09) price target on shares of Rentokil Initial plc in a research note on Friday, July 8th. JPMorgan Chase & Co. boosted their price target on shares of Rentokil Initial plc from GBX 147 ($1.92) to GBX 155 ($2.02) and gave the stock an “underweight” rating in a research note on Friday, July 8th. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 225 ($2.94) price target on shares of Rentokil Initial plc in a research note on Friday, July 1st. Finally, Peel Hunt reiterated an “add” rating and set a GBX 178 ($2.32) price target on shares of Rentokil Initial plc in a research note on Thursday, July 28th.
Shares of Rentokil Initial plc (LON:RTO) traded down 0.31% during trading on Friday, reaching GBX 222.30. The company had a trading volume of 3,341,809 shares. The firm has a 50-day moving average of GBX 219.18 and a 200 day moving average of GBX 194.94. The firm’s market capitalization is GBX 4.05 billion. Rentokil Initial plc has a 1-year low of GBX 143.30 and a 1-year high of GBX 224.50.
The firm also recently disclosed a dividend, which was paid on Wednesday, September 14th. Stockholders of record on Thursday, August 11th were paid a dividend of GBX 0.99 ($0.01) per share. The ex-dividend date of this dividend was Thursday, August 11th. This represents a dividend yield of 0.46%.
In other news, insider Jeremy Townsend sold 24,921 shares of the firm’s stock in a transaction that occurred on Friday, September 23rd. The shares were sold at an average price of GBX 221 ($2.88), for a total transaction of £55,075.41 ($71,890.63).
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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