Zacks Investment Research Lowers Rentokil Initial PLC (RTOKY) to Hold

Zacks Investment Research lowered shares of Rentokil Initial PLC (OTCMKTS:RTOKY) from a buy rating to a hold rating in a research note issued to investors on Tuesday.

According to Zacks, “Rentokil Initial plc provides business support services including pest control, package delivery, interior landscaping, catering, cleaning, washroom solutions and textiles. Building services includes installation and maintenance of heating, ventilation and air conditioning equipment, water testing and treatment; and electrical testing and safety services. Its cleaning companies provide a professional cleaning service to industry, commerce, hotels, schools, hospitals, airports and other transport facilities. Its specialist services include the supply of non-medical hospital staff, the manufacture of washroom dispensing systems. Its interior landscaping offers indoor plants to customers on a rental or purchase basis. Linen, Garment and Floorcare Rental supplies workwear, uniforms, clean room uniforms and protective equipment. Rentokil Initial plc is based in Gatwick, the United Kingdom. “

Other analysts have also issued reports about the stock. 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. HSBC upgraded shares of Rentokil Initial PLC from a reduce rating to a hold rating in a research note on Monday, July 18th.

Shares of Rentokil Initial PLC (OTCMKTS:RTOKY) opened at 14.68 on Tuesday. Rentokil Initial PLC has a 1-year low of $10.49 and a 1-year high of $15.24. The company has a 50-day moving average of $14.70 and a 200-day moving average of $13.57. The firm has a market capitalization of $5.35 billion, a PE ratio of 30.91 and a beta of 0.87.

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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