Rentokil Initial plc (RTO) Stock Price Up 0% on Analyst Upgrade

Rentokil Initial plc (LON:RTO)’s share price rose 0% on Monday after Peel Hunt raised their price target on the stock from GBX 300 to GBX 348. Peel Hunt currently has a buy rating on the stock. Rentokil Initial plc traded as high as GBX 319 ($4.20) and last traded at GBX 322.10 ($4.24). Approximately 3,340,885 shares traded hands during trading, a decline of 23% from the average daily volume of 4,350,000 shares. The stock had previously closed at GBX 322.10 ($4.24).

Other equities analysts have also recently issued reports about the stock. Deutsche Bank AG raised their target price on shares of Rentokil Initial plc from GBX 285 ($3.75) to GBX 330 ($4.34) and gave the company a “buy” rating in a research note on Friday, August 18th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 311 ($4.09) target price on shares of Rentokil Initial plc in a research note on Friday, July 28th. Finally, J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 211 ($2.78) target price on shares of Rentokil Initial plc in a research note on Friday, October 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 281.36 ($3.70).

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Rentokil Initial plc Company Profile

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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