Rentokil Initial (OTCMKTS:RTOKY) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of Rentokil Initial (OTCMKTS:RTOKY – Get Rating) from a sell rating to a hold rating in a report published on Saturday, Zacks.com reports.

According to Zacks, “Rentokil Initial plc provides business support services including pest control, package delivery, interior landscaping, catering, cleaning, washroom solutions and textiles. Building services includes installation and maintenance of heating, ventilation and air conditioning equipment, water testing and treatment; and electrical testing and safety services. Its cleaning companies provide a professional cleaning service to industry, commerce, hotels, schools, hospitals, airports and other transport facilities. Its specialist services include the supply of non-medical hospital staff, the manufacture of washroom dispensing systems. Its interior landscaping offers indoor plants to customers on a rental or purchase basis. Linen, Garment and Floorcare Rental supplies workwear, uniforms, clean room uniforms and protective equipment. Rentokil Initial plc is based in Gatwick, the United Kingdom. “

A number of other research analysts have also recently commented on RTOKY. Credit Suisse Group increased their price target on Rentokil Initial from GBX 600 ($7.55) to GBX 625 ($7.86) in a research note on Thursday, April 28th. Exane BNP Paribas upgraded Rentokil Initial from a neutral rating to an outperform rating in a research note on Friday, March 25th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Rentokil Initial from GBX 630 ($7.93) to GBX 550 ($6.92) in a research note on Friday, March 11th. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of Buy and an average target price of $404.67.

Shares of RTOKY opened at $32.20 on Friday. Rentokil Initial has a 52 week low of $29.45 and a 52 week high of $43.69. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 0.99. The stock has a fifty day moving average of $33.46 and a 200-day moving average of $35.84.

The business also recently announced a dividend, which will be paid on Tuesday, May 31st. Investors of record on Friday, April 8th will be given a dividend of $0.2638 per share. This represents a yield of 1.13%. The ex-dividend date is Thursday, April 7th.

About Rentokil Initial (Get Rating)

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 and residential customers.

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