Rentokil Initial (LON:RTO) Stock Rating Reaffirmed by JPMorgan Chase & Co.

Rentokil Initial (LON:RTO)‘s stock had its “neutral” rating reiterated by investment analysts at JPMorgan Chase & Co. in a report issued on Tuesday, Digital Look reports. They currently have a GBX 500 ($6.32) target price on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 10.04% from the company’s previous close.

A number of other equities research analysts have also weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 600 ($7.59) target price on shares of Rentokil Initial in a research report on Thursday, April 18th. Royal Bank of Canada restated an “outperform” rating and issued a GBX 590 ($7.46) price objective on shares of Rentokil Initial in a report on Monday, June 17th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 603.80 ($7.64).

Rentokil Initial Price Performance

Rentokil Initial stock opened at GBX 454.40 ($5.75) on Tuesday. The company has a debt-to-equity ratio of 116.93, a current ratio of 1.05 and a quick ratio of 1.76. The stock has a market cap of £11.41 billion, a price-to-earnings ratio of 3,029.33, a price-to-earnings-growth ratio of 0.71 and a beta of 0.56. The firm has a 50-day moving average of GBX 427.05 and a two-hundred day moving average of GBX 432.10. Rentokil Initial has a 1 year low of GBX 387.80 ($4.91) and a 1 year high of GBX 663.80 ($8.40).

Insider Activity

In other news, insider Sally Johnson acquired 2,493 shares of Rentokil Initial stock in a transaction that occurred on Wednesday, June 26th. The stock was purchased at an average price of GBX 462 ($5.84) per share, for a total transaction of £11,517.66 ($14,568.25). Company insiders own 1.10% of the company’s stock.

About Rentokil Initial

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.