Rentokil Initial (LON:RTO) Receives “Neutral” Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of Rentokil Initial (LON:RTO) in a report released on Tuesday, Marketbeat Ratings reports. They currently have a GBX 500 ($6.32) target price on the stock.

Several other equities analysts also recently weighed in on RTO. Royal Bank of Canada restated an outperform rating and set a GBX 590 ($7.46) target price on shares of Rentokil Initial in a report on Monday, June 17th. Jefferies Financial Group reissued a buy rating and set a GBX 600 ($7.59) price objective on shares of Rentokil Initial in a research note on Thursday, April 18th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of Moderate Buy and an average target price of GBX 603.80 ($7.64).

Rentokil Initial Trading Up 1.2 %

Shares of RTO stock opened at GBX 458.50 ($5.80) on Tuesday. The stock has a market cap of £11.51 billion, a P/E ratio of 3,020.67, a P/E/G ratio of 0.71 and a beta of 0.56. The company has a quick ratio of 1.76, a current ratio of 1.05 and a debt-to-equity ratio of 116.93. Rentokil Initial has a fifty-two week low of GBX 387.80 ($4.91) and a fifty-two week high of GBX 663.80 ($8.40). The business has a fifty day simple moving average of GBX 428.29 and a 200-day simple moving average of GBX 432.55.

Insider Activity at Rentokil Initial

In other Rentokil Initial news, insider Sally Johnson bought 2,493 shares of Rentokil Initial stock in a transaction that occurred on Wednesday, June 26th. The shares were acquired at an average price of GBX 462 ($5.84) per share, for a total transaction of £11,517.66 ($14,568.25). 1.10% of the stock is currently owned by insiders.

Rentokil Initial Company Profile

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers.