Deutsche Bank Aktiengesellschaft Cuts Rentokil Initial (LON:RTO) Price Target to GBX 465

Rentokil Initial (LON:RTO - Get Free Report) had its price objective lowered by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 485 ($6.27) to GBX 465 ($6.01) in a research note issued to investors on Friday, Marketbeat.com reports. The firm presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price target would suggest a potential upside of 37.25% from the company's current price.

Separately, JPMorgan Chase & Co. dropped their price target on Rentokil Initial from GBX 440 ($5.69) to GBX 430 ($5.56) and set a "neutral" rating on the stock in a report on Tuesday, January 14th.

Rentokil Initial Price Performance

RTO stock traded down GBX 0.38 ($0.00) during trading hours on Friday, hitting GBX 338.80 ($4.38). 10,487,760 shares of the stock traded hands, compared to its average volume of 18,408,420. The stock has a 50-day simple moving average of GBX 393 and a 200 day simple moving average of GBX 405.35. The company has a market cap of £8.49 billion, a P/E ratio of 21.73, a P/E/G ratio of 0.56 and a beta of 0.55. Rentokil Initial has a one year low of GBX 328.10 ($4.24) and a one year high of GBX 517.60 ($6.69). The company has a current ratio of 1.04, a quick ratio of 1.76 and a debt-to-equity ratio of 113.35.

Rentokil Initial (LON:RTO - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported GBX 21.25 ($0.27) earnings per share for the quarter. Rentokil Initial had a net margin of 7.25% and a return on equity of 9.50%. Equities analysts forecast that Rentokil Initial will post 25.8725561 earnings per share for the current year.

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Insider Activity

In other Rentokil Initial news, insider Brian Baldwin bought 7,500,000 shares of the firm's stock in a transaction dated Wednesday, December 11th. The stock was acquired at an average price of GBX 413 ($5.34) per share, with a total value of £30,975,000 ($40,040,072.39). 0.32% of the stock is owned by company insiders.

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.