Rentokil Initial (LON:RTO – Get Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. They presently have a GBX 500 ($6.18) price objective on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 19.53% from the stock’s current price.
Several other equities research analysts have also recently weighed in on the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 600 ($7.41) price objective on shares of Rentokil Initial in a research report on Thursday, April 18th. Royal Bank of Canada lifted their price objective on Rentokil Initial from GBX 575 ($7.10) to GBX 590 ($7.29) and gave the stock an “outperform” rating in a research report on Tuesday, March 12th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 614 ($7.58).
Check Out Our Latest Stock Report on RTO
Rentokil Initial Stock Down 1.6 %
Insider Buying and Selling at Rentokil Initial
In other Rentokil Initial news, insider Andy M. Ransom sold 464,245 shares of the business’s stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of GBX 489 ($6.04), for a total value of £2,270,158.05 ($2,804,048.97). Company insiders own 1.10% 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.
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