Rentokil Initial (LON:RTO) hits new 52-week low of $361.60

Shares of Rentokil Initial plc (LON:RTO – Get Your Free Report ) hit a new 52-week low during trading on Friday . The company traded as high as GBX 361.60 ($4.78) and last traded at GBX 363.30 ($4.80), with a volume of 417204813 shares. The stock had previously closed at GBX 369.40 ($4.88).

Analysts on Wall Street are forecasting an increase

A number of equities analysts recently commented on RTO shares. Deutsche Bank Aktiengesellschaft decreased their price objective on Rentokil Initial from GBX 550 ($7.27) to GBX 465 ($6.14) and set a “buy” rating on the stock in a research report on Thursday, September 12. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 500 ($6.61) target price on shares of Rentokil Initial in a report on Tuesday, July 2nd. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 570 ($7.53) target price on shares of Rentokil Initial in a research report on Wednesday, July 31st.

Get our latest report on Rentokil Initial

Rentokil initial stock down 1.2%

The company’s 50-day SMA is GBX 457.69, and its 200-day SMA is GBX 448.28. The company has a market cap of £9.16 billion, a price-to-earnings ratio of 2,462.67, a price-to-earnings-growth ratio of 0.58 and a beta of 0.55. The company has a debt-to-equity ratio of 116.58, a current ratio of 1.04, and a quick ratio of 1.76.

Rentokil cuts initial dividends

The company also recently disclosed a dividend, which was paid on Monday, September 16th. Investors of record on Thursday, August 8th were given a dividend of GBX 3.16 ($0.04) per share. This represents a yield of 0.67%. The ex-dividend date of this dividend was Thursday, August 8. Rentokil Initial’s dividend payout ratio is currently 6,000.00%.

Internal activity at Rentokil Initial

In other news, insider Sally Johnson purchased 2,493 shares of the company’s stock in a transaction dated Wednesday, June 26th. The shares were bought at an average cost of GBX 462 ($6.10) per share, for a total transaction of GBX 11,517.66 ($15,214.87). Insiders hold 1.10% of the company’s shares.

Initial profile of the Rentokil company

(Get a free report)

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, the rest of Europe, Asia Pacific and internationally. Provides a wide range of pest control services for rodents and flying and crawling insects, as well as other forms of wildlife management for commercial clients.

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