Rentokil Initial plc (NYSE:RTO) Given Consensus Rating of “Hold” by Analysts

Shares of Rentokil Initial plc (NYSE:RTO) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $29.00.

Separately, Redburn Atlantic cut shares of Rentokil Initial from a “buy” rating to a “neutral” rating in a research report on Thursday, September 19th.

Institutional Trading of Rentokil Initial

Large investors have recently modified their holdings of the business. Rothschild Investment LLC acquired a new position in shares of Rentokil Initial in the second quarter worth about $29,000. Valley Wealth Managers Inc. purchased a new position in shares of Rentokil Initial during the 3rd quarter valued at approximately $29,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Rentokil Initial by 403.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,052 shares of the company’s stock worth $31,000 after buying an additional 843 shares in the last quarter. Assetmark Inc. acquired a new stake in shares of Rentokil Initial during the third quarter worth approximately $36,000. Finally, GPS Wealth Strategies Group LLC acquired a new stake in Rentokil Initial in the second quarter valued at $38,000. 9.91% of the stock is currently owned by institutional investors and hedge funds.

Rentokil Initial Trading Down 1.1 %

NYSE RTO opened at $25.71 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.96 and a current ratio of 1.04. Rentokil Initial has a one year low of $22.40 and a one year high of $34.07. The company’s 50 day moving average price is $25.09 and its 200 day moving average price is $27.89. The firm has a market capitalization of $12.98 billion, a price-to-earnings ratio of 18.11, a PEG ratio of 7.24 and a beta of 1.09.

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.