Rentokil Initial plc (LON:RTO) Insider Acquires £30,975,000 in Stock

Rentokil Initial plc (LON:RTO) insider Brian Baldwin acquired 7,500,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were acquired at an average price of GBX 413 ($5.21) per share, for a total transaction of £30,975,000 ($39,109,848.48).

Rentokil Initial Price Performance

Rentokil Initial plc has a fifty-two week low of GBX 336.30 ($4.25) and a fifty-two week high of GBX 517.60 ($6.54). The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 116.58. The stock has a market cap of £10.38 billion, a P/E ratio of 2,584.44, a price-to-earnings-growth ratio of 0.56 and a beta of 0.55. The business’s 50-day moving average price is GBX 386.78 and its two-hundred day moving average price is GBX 426.30.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Rentokil Initial from GBX 550 ($6.94) to GBX 465 ($5.87) and set a “buy” rating on the stock in a report on Thursday, September 12th.

About Rentokil Initial

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.