Rentokil Initial (LON:RTO) Rating Reaffirmed
Recently, In recent note disseminated on Thursday, 3 December, Rentokil Initial (LON:RTO) shares have had their “Add” Rating maintained by research analysts at AlphaValue, who currently has a GBX 181 target PPS on company. This target by AlphaValue implies the possibile upside of 12.00% from the previous stock close.
From a total of 12 analysts covering Rentokil Initial PLC (LON:RTO) stock, 7 rate it a ”Buy”, 3 a “Sell”, and 4 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 182 while the lowest target price is GBX 100. The mean of all analyst targets is GBX 154.75 with a -2.66% below today’s (GBX 161.6) stock price. Rentokil Initial PLC was the topic of 29 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on November 9 with “Hold” rating. RBC Capital Markets maintained shares with “Top Pick” rating and GBX 180 target share price in a report from an October 28. Barclays Capital maintained RTO stock in a recent report from November 6 with “Overweight” rating. AlphaValue maintained the rating on October 15. AlphaValue has a “Buy” rating and a GBX 171 price target on shares. Finally, Peel Hunt maintained the stock with “Hold” rating in a report issued on a November 5.
Approximately 338,893 shares of stock traded hands. Rentokil Initial plc (LON:RTO) has risen 15.04% since May 6, 2015 and is uptrending. It has outperformed by 15.33% the S&P500.
Rentokil Initial plc is engaged in the provision of route services. The company has a market cap of 2.95 billion GBP. The Company’s services include pest control, hygiene, workwear and plants, which are delivered through five regional businesses, including North America, Europe, United Kingdom and Rest of World, Asia and Pacific. It has 22.63 P/E ratio. The Company’s brands include Rentokil, Initial and Ambius.