Rentokil Initial plc (NYSE:RTO) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Shares of Rentokil Initial plc (NYSE:RTO - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the seven research firms that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company.

Separately, Citigroup upgraded shares of Rentokil Initial to a "strong-buy" rating in a research note on Friday, December 13th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in RTO. Northwestern Mutual Wealth Management Co. raised its holdings in Rentokil Initial by 403.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,052 shares of the company's stock valued at $31,000 after buying an additional 843 shares during the last quarter. Truist Financial Corp raised its holdings in Rentokil Initial by 2.6% during the 2nd quarter. Truist Financial Corp now owns 16,008 shares of the company's stock worth $475,000 after purchasing an additional 401 shares during the last quarter. Sanctuary Advisors LLC bought a new position in Rentokil Initial during the 2nd quarter worth approximately $870,000. ORG Wealth Partners LLC bought a new position in Rentokil Initial during the 3rd quarter worth approximately $68,000. Finally, Bar Harbor Wealth Management raised its holdings in Rentokil Initial by 7.1% during the 3rd quarter. Bar Harbor Wealth Management now owns 314,773 shares of the company's stock worth $7,847,000 after purchasing an additional 20,935 shares during the last quarter. Institutional investors own 9.91% of the company's stock.

Rentokil Initial Stock Up 1.1 %

Shares of RTO traded up $0.28 during mid-day trading on Friday, reaching $25.17. The company had a trading volume of 161,157 shares, compared to its average volume of 555,062. The company's 50 day simple moving average is $25.01 and its 200 day simple moving average is $26.52. Rentokil Initial has a 1-year low of $22.40 and a 1-year high of $34.07. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.75.

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.