Rentokil Initial (RTO) Shares Up 0%

Shares of Rentokil Initial plc (LON:RTO) shot up 0% during mid-day trading on Thursday . The company traded as high as GBX 308 ($4.12) and last traded at GBX 307 ($4.10). 4,718,775 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 3,560,000 shares. The stock had previously closed at GBX 307 ($4.10).

A number of brokerages recently issued reports on RTO. Peel Hunt reiterated a “buy” rating and issued a GBX 348 ($4.65) price target on shares of Rentokil Initial in a report on Thursday. Credit Suisse Group lowered Rentokil Initial to a “neutral” rating and boosted their price target for the company from GBX 320 ($4.28) to GBX 340 ($4.55) in a report on Wednesday. Jefferies Group began coverage on Rentokil Initial in a report on Monday, December 4th. They issued a “hold” rating and a GBX 335 ($4.48) price target for the company. Goldman Sachs Group began coverage on Rentokil Initial in a report on Monday, December 4th. They issued a “buy” rating and a GBX 400 ($5.35) price target for the company. Finally, HSBC boosted their price target on Rentokil Initial from GBX 235 ($3.14) to GBX 290 ($3.88) and gave the company a “hold” rating in a report on Friday, November 17th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 299.29 ($4.00).

The firm has a market capitalization of $5,640.00 and a P/E ratio of 840.27.

In other Rentokil Initial news, insider Linda Yueh purchased 1,590 shares of Rentokil Initial stock in a transaction dated Friday, December 22nd. The shares were acquired at an average cost of GBX 311 ($4.16) per share, with a total value of £4,944.90 ($6,611.71).

TRADEMARK VIOLATION WARNING: This piece was originally reported by Week Herald and is owned by of Week Herald. If you are accessing this piece on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this piece can be viewed at https://weekherald.com/2018/01/06/rentokil-initial-rto-shares-up-0.html.

Rentokil Initial Company Profile

Rentokil Initial plc is a commercial pest control company. The Company is engaged in the provision of route-based services, which protect people and enhance lives. The Company’s segments include Europe, UK & Rest of World, Asia, North America, Pacific, and Central and regional. The Company’s business categories include Pest Control, Hygiene, Workwear and Other.

Receive News & Ratings for Rentokil Initial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rentokil Initial and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply