Rentokil Initial plc (LON:RTO) Insider David Frear Purchases 250 Shares of Stock

Rentokil Initial plc (LON:RTOGet Rating) insider David Frear purchased 250 shares of the business’s stock in a transaction dated Thursday, June 22nd. The shares were acquired at an average cost of GBX 3,950 ($50.54) per share, for a total transaction of £9,875 ($12,635.96).

Rentokil Initial Price Performance

LON RTO opened at GBX 622 ($7.96) on Friday. The stock has a market capitalization of £15.67 billion, a P/E ratio of 5,654.55, a P/E/G ratio of 1.54 and a beta of 0.43. Rentokil Initial plc has a 1 year low of GBX 458 ($5.86) and a 1 year high of GBX 658.40 ($8.42). The business’s fifty day moving average is GBX 633.08 and its two-hundred day moving average is GBX 564.99. The company has a debt-to-equity ratio of 133.92, a quick ratio of 1.76 and a current ratio of 1.14.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on RTO. BNP Paribas raised Rentokil Initial to a “neutral” rating and set a GBX 555 ($7.10) price target on the stock in a report on Wednesday, March 22nd. HSBC reissued a “hold” rating and set a GBX 665 ($8.51) target price on shares of Rentokil Initial in a report on Wednesday, May 17th. Peel Hunt reissued a “hold” rating and set a GBX 525 ($6.72) target price on shares of Rentokil Initial in a report on Wednesday, March 8th. Deutsche Bank Aktiengesellschaft boosted their target price on Rentokil Initial from GBX 600 ($7.68) to GBX 676 ($8.65) in a report on Monday, April 17th. Finally, Jefferies Financial Group boosted their target price on Rentokil Initial from GBX 640 ($8.19) to GBX 740 ($9.47) and gave the stock a “buy” rating in a report on Wednesday, May 17th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 623.44 ($7.98).

Rentokil Initial Company Profile

(Get Rating)

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.

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