HSBC lowered shares of Rentokil Initial (OTCMKTS:RTOKY) from a buy rating to a hold rating in a report published on Thursday morning, The Fly reports.
Several other equities research analysts also recently weighed in on the company. Credit Suisse Group downgraded Rentokil Initial from an outperform rating to a neutral rating in a report on Tuesday, January 7th. Jefferies Financial Group raised Rentokil Initial from a hold rating to a buy rating in a report on Monday, February 24th. ValuEngine raised Rentokil Initial from a strong sell rating to a sell rating in a report on Thursday, December 12th. Finally, Zacks Investment Research raised Rentokil Initial from a sell rating to a hold rating in a report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Rentokil Initial presently has a consensus rating of Hold and a consensus target price of $33.00.
Shares of OTCMKTS RTOKY opened at $21.54 on Thursday. The stock has a fifty day moving average price of $31.24 and a 200 day moving average price of $29.69. Rentokil Initial has a 1-year low of $19.01 and a 1-year high of $34.79. The company has a market cap of $7.53 billion, a PE ratio of 23.41 and a beta of 0.45.
Rentokil Initial Company Profile
Rentokil Initial plc, through 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 from rodents to flying and crawling insects, as well as to other forms of wildlife management for commercial and residential customers.