A statement released earlier today by RBC Capital Markets about Rentokil Initial PLC (LON:RTO) bumps the target price to 260.00GBX
- Updated: October 15, 2016
Boasting a price of 224.65GBX, Rentokil Initial PLC (LON:RTO) traded -0.09% lower on the day. With the last stock price close up 13.75% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Rentokil Initial PLC has recorded a 50-day average of 221.44GBX and a two hundred day average of 198.76GBX. Volume of trade was down over the average, with 2,785,848 shares of RTO changing hands under the typical 3,014,840
RBC Capital Markets bumped up the target of Rentokil Initial PLC (LON:RTO) to 260.00GBX stating a potential upside of 0.16%.
On Friday October 07, 2016, Credit Suisse released a statement for Rentokil Initial PLC (LON:RTO) maintained the target price at 235.00GBX that suggested an upside of 0.02%.
With a total market value of 0 GBX, Rentokil Initial PLC has 52 week low of 145.30GBX and a 52 week high of 234.00GBX with a P/E ratio of 30.97 .
In addition to RBC Capital Markets reporting its target price, a total of 11 firms have issued a report on the stock. The consensus target price is 186.64GBX with 4 firms rating the stock a strong buy, 5 firms rating the stock a buy, 1 firm rating the stock a hold, 2 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
General Information About Rentokil Initial PLC (LON:RTO)
Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company's segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company's business categories include Pest Control, Hygiene, Workwear and Other. The Company offers a range of pest control services from rodents to flying and crawling insects, to other forms of wildlife management. Initial Hygiene is the Company's hygiene services business. Workwear provides workwear in Europe. The Company also provides a range of other specialist services, including plants, medical services, property care and specialist hygiene. The Company is engaged in the supply and maintenance of garments, such as workwear and personal protective equipment, throughout Europe. The Company also offers a specialist cleanroom service for the pharmaceutical and healthcare sectors.
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