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RKLIF Showing Recent Insider Activity

Recent activity shows that Rentokil Initial, RKLIF the Insider Confidence level is trending Up due to Corporate Insiders of RKLIF Bought £1.4M worth of shares in the last 3 months.  

Before you dig into this report it is important to remember that "Insider Buying" is the purchase of shares in a corporation by a director, officer, or executive within the company. Insider buying is not the same as insider trading, which refers to corporate insiders making illegal stock purchases based on non-public information.
 
"Insider Buying" is not a crime when the buying is based on public information. 
 
Additionally, since insiders have unique insights into their own companies, they often gobble up shares when they believe the stock is undervalued or dump stock when it’s time to sell.  That's why people pay attention to insider buying.

Here is a list of the latest insider activity for RKLIF:
  • John Myers - Divisional Managing Director, Bought $77,592 worth of shares on 1 day ago
  • Andy M Ransom - Chief Executive Officer, Bought $242,195 worth of shares on 1 day ago
  • John Pettigrew - Senior Independent Director,Director, Bought $239,940 worth of shares on 1 day ago
  • Daragh Fagan - General Counsel & Company Secretary, Bought $49,899 worth of shares on 1 day ago
TipRanks.com reports that Rentokil Initial currently has 8 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $7.74 . The target pricing ranges from a high forecast of $9.17 down to a low forecast of $5.76. Rentokil Initial (RKLIF)’s last closing price was 7.7 which would put the average price target at 7.74 upside.

In addition, Barchart.com has a Strong buy rating and Yahoo! Finance has a Neutral short-term outlook

Rentokil Initial, RKLIF
Summary: Rentokil Initial PLC, incorporated on March 15, 2005, provides a range of business to business support services. Its business areas are Hygiene, Pest Control, Workwear, Plants and Initial Facilities. Rentokil Pest Control is the commercial pest control company, operating in over 50 countries including recent entries in Turkey, Mexico and Brazil. Initial Hygiene provides high-quality hygiene products and services that minimise risk of exposure to bacteria and other infectious micro-organisms. Initial Workwear specialises in the supply and maintenance of garments, such as workwear and personal protective equipment, throughout Europe. Ambius installs and services both interior and exterior plant displays, flowers, replica foliage, Christmas decorations and ambient scenting for commercial businesses including hotels, offices and shopping centres. Initial Facilities provides fully integrated Total Facilities Management (TFM) to commercial and Government sector organisations of all sizes across all business sectors. It operates in France, Benelux and Germany (including Austria, Switzerland and the Czech Republic) transferring from the West region to the East region; the UK other category business units transferring from the East region to the West region, and East and West region overhead business units transferring to central and divisional overheads.
  • Last Price: 7.7
  • Price Change: 0.009, 0.12%
  • Yearly Gain: 16.21%
  • Market Cap: 14.32B
  • P/E Ratio: 41.361
Remember, securities are volatile, so please do your own research on RKLIF. If you are interest in stocks like RKLIF or stocks in the Industrials sector, please click here.

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This information was sourced from various 3rd party public sources but to get the best insight into insider activity related to RKLIF, you should consider joining TipRanks.com.

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