Rentokil Initial (RTO) Trading Up 2%

Shares of Rentokil Initial plc (LON:RTO) were up 2% during mid-day trading on Monday . The stock traded as high as GBX 315.70 ($4.25) and last traded at GBX 315.50 ($4.25). Approximately 3,351,404 shares traded hands during trading, a decline of 20% from the average daily volume of 4,170,000 shares. The stock had previously closed at GBX 309.40 ($4.16).

Several analysts have recently issued reports on RTO shares. Peel Hunt upped their price target on Rentokil Initial from GBX 300 ($4.04) to GBX 348 ($4.68) and gave the stock a “buy” rating in a research note on Monday, November 13th. Goldman Sachs Group started coverage on Rentokil Initial in a research note on Monday, December 4th. They set a “buy” rating and a GBX 400 ($5.38) price target for the company. Jefferies Group started coverage on Rentokil Initial in a research note on Monday, December 4th. They set a “hold” rating and a GBX 335 ($4.51) price target for the company. HSBC upped their price target on Rentokil Initial from GBX 235 ($3.16) to GBX 290 ($3.90) and gave the stock a “hold” rating in a research note on Friday, November 17th. Finally, J P Morgan Chase & Co reiterated an “underweight” rating and set a GBX 211 ($2.84) price target on shares of Rentokil Initial in a research note on Friday, October 20th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company’s stock. Rentokil Initial currently has an average rating of “Buy” and an average price target of GBX 294.29 ($3.96).

TRADEMARK VIOLATION NOTICE: This article was first reported by Markets Daily and is the property of of Markets Daily. If you are reading this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The correct version of this article can be read at https://www.themarketsdaily.com/2017/12/18/rentokil-initial-rto-trading-up-2.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.

Latest News

Leave a Reply