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JP Morgan Cazenove announced Rentokil Initial PLC (LON:RTO), upholding its stock price target at 211.00GBX today

Just yesterday Rentokil Initial PLC (LON:RTO) traded 1.15% higher at 317.90GBX. Rentokil Initial PLC’s 50-day moving average is 302.12GBX and its 200-day moving average is 278.95GBX. The last closing price is up 13.85% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 833,331 shares of RTO traded hands, down from an average trading volume of 3,716,920

In a report released on 10/20/2017 JP Morgan Cazenove hold steady the stock price target of Rentokil Initial PLC (LON:RTO) from 211.00GBX to 211.00GBX reporting a possible downside of -0.34%.

Previously on 8/18/2017, Deutsche Bank reported on Rentokil Initial PLC (LON:RTO) increased the target price from 285.00GBX to 330.00GBX. At the time, this indicated a possible upside of 0.12%.

Recent Performance Chart

Rentokil Initial PLC (LON:RTO)

Rentokil Initial PLC has 52 week low of 204.50GBX and a 52 week high of 318.40GBX with a PE ratio of 8.58 and has a market capitalization of 0 GBX.

In addition to JP Morgan Cazenove reporting its stock price target, a total of 11 brokers have issued a research note on the company. The average stock price target is 186.64GBX with 4 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 1 broker rating the stock a hold, 2 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

Brief Synopsis On 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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