Peel Hunt Reiterates The “Add” Rating They’ve had for Rentokil Initial PLC (LON:RTO) Shares

May 18, 2018 - By Kristen Paramore

Rentokil Initial plc (LON:RTO) Logo

Rentokil Initial PLC (LON:RTO) Rating Reaffirmed

In analysts note issued to clients and investors on Friday, 18 May, Peel Hunt restate their “Add” rating on Rentokil Initial PLC (LON:RTO) shares.

Rentokil Initial plc (LON:RTO) Ratings Coverage

Among 9 analysts covering Rentokil Initial PLC (LON:RTO), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Rentokil Initial PLC has GBX 400 highest and GBX 310 lowest target. GBX 339.22’s average target is 4.27% above currents GBX 325.332 stock price. Rentokil Initial PLC had 22 analyst reports since December 4, 2017 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Monday, December 4. The stock of Rentokil Initial plc (LON:RTO) earned “Hold” rating by Deutsche Bank on Thursday, May 17. As per Thursday, May 17, the company rating was downgraded by Numis Securities. BNP Paribas maintained Rentokil Initial plc (LON:RTO) rating on Friday, April 27. BNP Paribas has “Outperform” rating and GBX 330 target. As per Monday, March 5, the company rating was maintained by Credit Suisse. As per Thursday, April 19, the company rating was maintained by Peel Hunt. The stock has “Neutral” rating by Credit Suisse on Wednesday, January 3. The firm earned “Buy” rating on Friday, March 2 by Jefferies. As per Tuesday, February 13, the company rating was maintained by Deutsche Bank. The firm earned “Outperform” rating on Wednesday, February 7 by Credit Suisse.

The stock increased 0.10% or GBX 0.332 during the last trading session, reaching GBX 325.332. About 312,201 shares traded. Rentokil Initial plc (LON:RTO) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Rentokil Initial plc, through its subsidiaries, provides route services in North America, the United Kingdom, rest of Europe, Asia, and rest of world. The company has market cap of 5.98 billion GBP. It offers a range of pest control services from rodents to flying insects, as well as to other forms of wildlife management for commercial and residential customers. It has a 8.82 P/E ratio. The firm also provides hygiene services, including the provision and maintenance of products, such as air fresheners, sanitizers, feminine hygiene units, hand dryers, paper and linen towel dispensers, soap dispensers, and floor protection mats.

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