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

Rentokil Initial (LON:RTO) had its price objective lowered by research analysts at Deutsche Bank Aktiengesellschaft from GBX 485 ($6.27) to GBX 465 ($6.01) in a research note issued on Friday, Marketbeat.com reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 37.10% from the company’s current price.

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

Rentokil Initial Stock Performance

Rentokil Initial stock opened at GBX 339.18 ($4.38) on Friday. The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 113.35. The company has a market capitalization of £8.50 billion, a P/E ratio of 21.76, a PEG ratio of 0.56 and a beta of 0.55. The stock’s 50 day moving average is GBX 393 and its 200 day moving average is GBX 405.75. Rentokil Initial has a twelve month low of GBX 328.10 ($4.24) and a twelve month high of GBX 517.60 ($6.69).

Rentokil Initial (LON:RTO) last issued its earnings results on Thursday, March 6th. The company reported GBX 21.25 ($0.27) EPS for the quarter. Rentokil Initial had a return on equity of 9.50% and a net margin of 7.25%. On average, equities research analysts predict that Rentokil Initial will post 25.8725561 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Brian Baldwin purchased 7,500,000 shares of the stock in a transaction dated Wednesday, December 11th. The shares were purchased at an average cost of GBX 413 ($5.34) per share, with a total value of £30,975,000 ($40,024,550.98). Insiders own 0.32% of the company’s stock.

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.