Credit Suisse Group AG restated their outperform rating on shares of Rentokil Initial plc (LON:RTO) in a report released on Friday morning. Credit Suisse Group AG currently has a GBX 235 ($2.91) target price on the stock.
RTO has been the subject of a number of other research reports. Royal Bank Of Canada lifted their target price on shares of Rentokil Initial plc from GBX 220 ($2.72) to GBX 240 ($2.97) and gave the company a top pick rating in a research note on Monday, July 11th. HSBC upgraded shares of Rentokil Initial plc to a hold rating and lifted their target price for the company from GBX 145 ($1.79) to GBX 190 ($2.35) in a research note on Monday, July 18th. JPMorgan Chase & Co. restated an underweight rating and issued a GBX 155 ($1.92) price objective on shares of Rentokil Initial plc in a research report on Friday, July 29th. Peel Hunt boosted their price objective on shares of Rentokil Initial plc from GBX 178 ($2.20) to GBX 229 ($2.83) and gave the stock an add rating in a research report on Friday, September 2nd. Finally, Deutsche Bank AG restated a hold rating and issued a GBX 160 ($1.98) price objective on shares of Rentokil Initial plc in a research report on Friday, July 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of Buy and an average price target of GBX 207.90 ($2.57).
Rentokil Initial plc (LON:RTO) opened at 224.49 on Friday. Rentokil Initial plc has a 1-year low of GBX 143.30 and a 1-year high of GBX 234.00. The firm’s market cap is GBX 4.09 billion. The company has a 50-day moving average of GBX 220.87 and a 200-day moving average of GBX 198.07.
The company also recently declared a dividend, which was paid on Wednesday, September 14th. Stockholders of record on Thursday, August 11th were issued a GBX 0.99 ($0.01) dividend. This represents a dividend yield of 0.46%. The ex-dividend date was Thursday, August 11th.
In other news, insider Jeremy Townsend sold 24,921 shares of the business’s stock in a transaction on Friday, September 23rd. The shares were sold at an average price of GBX 221 ($2.74), for a total value of £55,075.41 ($68,162.64).
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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