Rentokil Initial plc (NYSE:RTO) Receives $29.00 Average PT from Brokerages

Shares of Rentokil Initial plc (NYSE:RTO) have been given a consensus rating of “Hold” by the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $29.00.

Separately, Redburn Atlantic lowered shares of Rentokil Initial from a “buy” rating to a “neutral” rating in a research note on Thursday, September 19th.

Rentokil Initial Stock Down 1.5 %

RTO stock opened at $26.00 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of 0.75. Rentokil Initial has a one year low of $22.40 and a one year high of $34.07. The firm has a 50-day moving average of $25.03 and a two-hundred day moving average of $27.93.

Institutional Trading of Rentokil Initial

Several institutional investors have recently made changes to their positions in the stock. Rothschild Investment LLC purchased a new stake in Rentokil Initial in the 2nd quarter worth approximately $29,000. Valley Wealth Managers Inc. purchased a new position in Rentokil Initial in the third quarter valued at about $29,000. Northwestern Mutual Wealth Management Co. increased its position 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 worth $31,000 after purchasing an additional 843 shares during the last quarter. Assetmark Inc. purchased a new stake in shares of Rentokil Initial during the 3rd quarter worth about $36,000. Finally, GPS Wealth Strategies Group LLC acquired a new stake in shares of Rentokil Initial during the 2nd quarter valued at about $38,000. 9.91% of the stock is currently owned by institutional investors and hedge funds.

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.