Rentokil Initial (LON:RTO) Sets New 12-Month Low Following Analyst Downgrade

Rentokil Initial plc (LON:RTO - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Friday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from GBX 485 to GBX 465. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Rentokil Initial traded as low as GBX 328.10 ($4.25) and last traded at GBX 339.18 ($4.39), with a volume of 16331947 shares traded. The stock had previously closed at GBX 346.20 ($4.48).

Separately, JPMorgan Chase & Co. lowered their price objective on shares of Rentokil Initial from GBX 440 ($5.70) to GBX 430 ($5.57) and set a "neutral" rating on the stock in a research report on Tuesday, January 14th.

Insider Activity at Rentokil Initial

In other news, insider Brian Baldwin acquired 7,500,000 shares of the firm's stock in a transaction on Wednesday, December 11th. The shares were purchased at an average price of GBX 413 ($5.35) per share, for a total transaction of £30,975,000 ($40,102,278.61). 0.32% of the stock is owned by insiders.

Rentokil Initial Stock Down 4.6 %

The company has a 50 day moving average price of GBX 390.38 and a 200-day moving average price of GBX 403.95. The stock has a market capitalization of £8.10 billion, a PE ratio of 20.73, a PEG ratio of 0.56 and a beta of 0.55. The company has a debt-to-equity ratio of 113.35, a current ratio of 1.04 and a quick ratio of 1.76.

Rentokil Initial (LON:RTO - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported GBX 21.25 ($0.28) EPS for the quarter. Rentokil Initial had a net margin of 7.25% and a return on equity of 9.50%. As a group, analysts forecast that Rentokil Initial plc will post 25.8725561 earnings per share for the current fiscal year.

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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.