Rentokil Initial plc (NYSE:RTO) Receives Average Recommendation of “Moderate Buy” from Analysts

Rentokil Initial plc (NYSE:RTO) has received an average rating of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company.

Separately, Citigroup raised shares of Rentokil Initial to a “strong-buy” rating in a research report on Friday, December 13th.

Hedge Funds Weigh In On Rentokil Initial

Several hedge funds have recently modified their holdings of the company. Keystone Financial Services purchased a new position in Rentokil Initial in the 4th quarter valued at approximately $236,000. Anthracite Investment Company Inc. grew its stake in Rentokil Initial by 211.3% in the 3rd quarter. Anthracite Investment Company Inc. now owns 214,402 shares of the company’s stock valued at $5,345,000 after buying an additional 145,528 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in Rentokil Initial by 165.8% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 55,604 shares of the company’s stock valued at $1,386,000 after buying an additional 34,687 shares in the last quarter. Janus Henderson Group PLC grew its stake in Rentokil Initial by 3.8% in the 3rd quarter. Janus Henderson Group PLC now owns 16,990,179 shares of the company’s stock valued at $423,573,000 after buying an additional 617,227 shares in the last quarter. Finally, ABS Direct Equity Fund LLC grew its stake in Rentokil Initial by 28.1% in the 4th quarter. ABS Direct Equity Fund LLC now owns 160,000 shares of the company’s stock valued at $4,051,000 after buying an additional 35,100 shares in the last quarter. Institutional investors own 9.91% of the company’s stock.

Rentokil Initial Stock Performance

Shares of Rentokil Initial stock opened at $25.12 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.75. The business has a 50-day moving average price of $24.99 and a two-hundred day moving average price of $26.06. Rentokil Initial has a 1-year low of $22.40 and a 1-year high of $34.07. The company has a market cap of $12.68 billion, a P/E ratio of 16.64, a PEG ratio of 7.95 and a beta of 1.08.

About Rentokil Initial

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.