Rentokil Initial plc (NYSE:RTO) Receives Consensus Rating 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 equities research analysts have rated the stock with a hold rating, one has given 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 note on Friday, December 13th.

Hedge Funds Weigh In On Rentokil Initial

A number of large investors have recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of Rentokil Initial during the 4th quarter worth about $11,436,000. Assetmark Inc. boosted its stake in shares of Rentokil Initial by 1,475.8% during the 4th quarter. Assetmark Inc. now owns 22,944 shares of the company’s stock worth $581,000 after purchasing an additional 21,488 shares during the period. Exencial Wealth Advisors LLC lifted its holdings in Rentokil Initial by 2.3% during the 4th quarter. Exencial Wealth Advisors LLC now owns 43,532 shares of the company’s stock valued at $1,102,000 after buying an additional 972 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Rentokil Initial by 70.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 34,866 shares of the company’s stock valued at $883,000 after buying an additional 14,389 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its holdings in Rentokil Initial by 37.1% during the 4th quarter. Jones Financial Companies Lllp now owns 9,035 shares of the company’s stock valued at $229,000 after buying an additional 2,446 shares in the last quarter. 9.91% of the stock is owned by hedge funds and other institutional investors.

Rentokil Initial Price Performance

Shares of NYSE:RTO opened at $24.93 on Friday. Rentokil Initial has a 52 week low of $22.40 and a 52 week high of $34.07. The firm has a fifty day simple moving average of $25.04 and a two-hundred day simple moving average of $26.65. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.04 and a quick ratio of 0.96.

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.