Rentokil Initial (OTCMKTS:RTOKY) Lifted to “Hold” at Zacks Investment Research

Rentokil Initial (OTCMKTS:RTOKYGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Friday, 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 equities research analysts have also issued reports on RTOKY. Credit Suisse Group increased their price target on Rentokil Initial from GBX 600 ($7.52) to GBX 625 ($7.83) in a research report 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 decreased their price objective on Rentokil Initial from GBX 630 ($7.89) to GBX 550 ($6.89) in a research report on Friday, March 11th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Rentokil Initial has a consensus rating of “Buy” and a consensus target price of $404.67.

Shares of RTOKY opened at $30.43 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 0.99. Rentokil Initial has a one year low of $29.45 and a one year high of $43.69. The stock has a 50 day moving average price of $32.92 and a 200 day moving average price of $35.16.

Rentokil Initial Company Profile (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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