Deutsche Bank Aktiengesellschaft Lowers Rentokil Initial (LON:RTO) Price Target to GBX 465

Rentokil Initial (LON:RTO) had its price target cut by analysts at Deutsche Bank Aktiengesellschaft from GBX 485 ($6.27) to GBX 465 ($6.01) in a research report issued to clients and investors on Friday, Marketbeat reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 37.10% from the stock’s current price.

Separately, JPMorgan Chase & Co. decreased their price target on Rentokil Initial from GBX 440 ($5.69) to GBX 430 ($5.56) and set a “neutral” rating on the stock in a report on Tuesday, January 14th.

Rentokil Initial Price Performance

Shares of Rentokil Initial stock opened at GBX 339.18 ($4.38) on Friday. Rentokil Initial has a one year low of GBX 328.10 ($4.24) and a one year high of GBX 517.60 ($6.69). The stock’s fifty day moving average is GBX 393 and its 200 day moving average is GBX 405.75. The stock has a market cap of £8.50 billion, a P/E ratio of 21.76, a P/E/G ratio of 0.56 and a beta of 0.55. The company has a debt-to-equity ratio of 113.35, a quick ratio of 1.76 and a current ratio of 1.04.

Rentokil Initial (LON:RTO) last announced its earnings results on Thursday, March 6th. The company reported GBX 21.25 ($0.27) EPS for the quarter. Rentokil Initial had a return on equity of 9.50% and a net margin of 7.25%. Sell-side analysts anticipate that Rentokil Initial will post 25.8725561 earnings per share for the current year.

Insider Buying and Selling at Rentokil Initial

In other Rentokil Initial news, insider Brian Baldwin purchased 7,500,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were acquired at an average cost of GBX 413 ($5.34) per share, with a total value of £30,975,000 ($40,024,550.98). Insiders own 0.32% 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.