Rentokil Initial (LON:RTO) Given New GBX 430 Price Target at JPMorgan Chase & Co.

Rentokil Initial (LON:RTOFree Report) had its target price trimmed by JPMorgan Chase & Co. from GBX 440 ($5.37) to GBX 430 ($5.25) in a research report sent to investors on Tuesday, MarketBeat Ratings reports. The brokerage currently has a neutral rating on the stock.

Rentokil Initial Stock Performance

LON RTO opened at GBX 376.10 ($4.59) on Tuesday. The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 116.58. Rentokil Initial has a fifty-two week low of GBX 336.30 ($4.11) and a fifty-two week high of GBX 517.60 ($6.32). The business has a fifty day moving average of GBX 398.53 and a 200-day moving average of GBX 422.58. The stock has a market cap of £9.44 billion, a price-to-earnings ratio of 2,350.63, a price-to-earnings-growth ratio of 0.56 and a beta of 0.55.

Insider Activity at Rentokil Initial

In other news, insider Brian Baldwin bought 7,500,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were purchased at an average price of GBX 413 ($5.04) per share, for a total transaction of £30,975,000 ($37,815,895.50). 0.32% of the stock is currently owned by corporate insiders.

Rentokil Initial Company Profile

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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.

Further Reading

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