Today The Rentokil Initial plc (RTO) Upgraded to “Buy” by Peel Hunt

Today The Rentokil Initial plc (RTO) Upgraded to “Buy” by Peel Hunt

Peel Hunt upgraded shares of Rentokil Initial plc (LON:RTO) to a buy rating in a research report released on Tuesday. The firm currently has GBX 242 ($3.02) target price on the stock, up from their prior target price of GBX 229 ($2.86).

RTO has been the topic of several other research reports. Credit Suisse Group raised their price objective on shares of Rentokil Initial plc from GBX 255 ($3.18) to GBX 270 ($3.37) and gave the company an outperform rating in a research report on Wednesday, January 4th. Royal Bank Of Canada lowered shares of Rentokil Initial plc to an outperform rating and raised their price objective for the company from GBX 240 ($3.00) to GBX 260 ($3.24) in a research report on Thursday, October 13th. Barclays PLC raised their price objective on shares of Rentokil Initial plc from GBX 238 ($2.97) to GBX 252 ($3.14) and gave the company an overweight rating in a research report on Thursday, October 20th. J P Morgan Chase & Co raised their price objective on shares of Rentokil Initial plc from GBX 155 ($1.93) to GBX 168 ($2.10) and gave the company an underweight rating in a research report on Thursday, October 20th. Finally, Deutsche Bank AG reaffirmed a buy rating and set a GBX 250 ($3.12) price objective on shares of Rentokil Initial plc in a research report on Monday, December 19th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of GBX 227.13 ($2.83).

Rentokil Initial plc (LON:RTO) traded up 0.96% on Tuesday, reaching GBX 221.80. 2,698,093 shares of the company’s stock were exchanged. The firm has a 50 day moving average of GBX 218.10 and a 200 day moving average of GBX 218.49. Rentokil Initial plc has a 12 month low of GBX 147.40 and a 12 month high of GBX 236.90. The stock’s market capitalization is GBX 4.04 billion.

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.

Related posts

Leave a Comment