Rentokil Initial (LON:RTO) Reaches New 1-Year Low - Time to Sell?

Shares of Rentokil Initial plc (LON:RTO - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 336.30 ($4.39) and last traded at GBX 341.10 ($4.45), with a volume of 33702559 shares. The stock had previously closed at GBX 350 ($4.57).

Wall Street Analyst Weigh In

A number of brokerages have commented on RTO. Royal Bank of Canada reiterated an "outperform" rating and issued a GBX 570 ($7.44) price objective on shares of Rentokil Initial in a research report on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft lowered their price objective on Rentokil Initial from GBX 550 ($7.18) to GBX 465 ($6.07) and set a "buy" rating for the company in a research report on Thursday, September 12th. Finally, JPMorgan Chase & Co. restated a "neutral" rating and set a GBX 500 ($6.53) target price on shares of Rentokil Initial in a research report on Tuesday, July 2nd.

Rentokil Initial Trading Down 2.5 %

The firm has a market capitalization of £8.56 billion, a price-to-earnings ratio of 2,141.79, a price-to-earnings-growth ratio of 0.56 and a beta of 0.55. The business's fifty day moving average is GBX 430.94 and its 200 day moving average is GBX 438.83. The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 116.58.

Rentokil Initial Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, September 16th. Stockholders of record on Thursday, August 8th were issued a GBX 3.16 ($0.04) dividend. The ex-dividend date was Thursday, August 8th. This represents a dividend yield of 0.67%. Rentokil Initial's dividend payout ratio (DPR) is 5,625.00%.

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.

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