Rentokil Initial plc (LON:RTO) shares traded down 0% on Tuesday . The stock traded as low as GBX 311 ($4.19) and last traded at GBX 311.80 ($4.20). 3,813,235 shares changed hands during trading, a decline of 9% from the average session volume of 4,170,000 shares. The stock had previously closed at GBX 311.80 ($4.20).
Several research analysts have recently weighed in on the company. Jefferies Group assumed coverage on Rentokil Initial in a research report on Monday, December 4th. They set a “hold” rating and a GBX 335 ($4.51) price objective for the company. Goldman Sachs Group assumed coverage on Rentokil Initial in a research report on Monday, December 4th. They set a “buy” rating and a GBX 400 ($5.38) price objective for the company. HSBC upped their price objective on Rentokil Initial from GBX 235 ($3.16) to GBX 290 ($3.90) and gave the stock a “hold” rating in a research report on Friday, November 17th. Peel Hunt upped their price objective on Rentokil Initial from GBX 300 ($4.04) to GBX 348 ($4.68) and gave the stock a “buy” rating in a research report on Monday, November 13th. Finally, J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 211 ($2.84) price objective on shares of Rentokil Initial in a research report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. Rentokil Initial presently has an average rating of “Buy” and a consensus price target of GBX 294.29 ($3.96).
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Rentokil Initial Company Profile
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.
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