Rentokil Initial (LON:RTO) Price Target Cut to GBX 430 by Analysts at JPMorgan Chase & Co.

Rentokil Initial (LON:RTO) had its price objective decreased by research analysts at JPMorgan Chase & Co. from GBX 440 ($5.39) to GBX 430 ($5.26) in a research report issued on Tuesday, Marketbeat Ratings reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 12.89% from the stock’s previous close.

Rentokil Initial Stock Up 0.9 %

Rentokil Initial stock opened at GBX 380.90 ($4.66) on Tuesday. The stock has a market capitalization of £9.56 billion, a PE ratio of 2,380.63, a price-to-earnings-growth ratio of 0.56 and a beta of 0.55. The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 116.58. Rentokil Initial has a twelve month low of GBX 336.30 ($4.12) and a twelve month high of GBX 517.60 ($6.34). The company has a 50 day moving average of GBX 398.53 and a 200-day moving average of GBX 422.58.

Insider Transactions at Rentokil Initial

In other news, insider Brian Baldwin purchased 7,500,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were purchased at an average cost of GBX 413 ($5.06) per share, with a total value of £30,975,000 ($37,913,096.70). Company insiders own 0.32% of the company’s stock.

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.