RBC Capital Markets Maintains Rentokil Initial PLC (LON:RTO) As “Outperform”; Has Target Of GBX 350.00; SONASOFT (SSFT) Shorts Up By 22.6%

Rentokil Initial plc (LON:RTO) Logo

SONASOFT CORP (OTCMKTS:SSFT) had an increase of 22.6% in short interest. SSFT’s SI was 17,900 shares in April as released by FINRA. Its up 22.6% from 14,600 shares previously. With 83,600 avg volume, 0 days are for SONASOFT CORP (OTCMKTS:SSFT)’s short sellers to cover SSFT’s short positions. It closed at $0.097 lastly. It is down 0.00% since April 13, 2017 and is . It has underperformed by 11.55% the S&P500.

In an analyst report published on today, RBC Capital Markets reconfirmed their “Outperform” rating on Rentokil Initial PLC (LON:RTO)‘s stock. The target price would indicate a potential upside of 34.36% from firm’s previous stock close.

The stock increased 0.40% or GBX 1.1 during the last trading session, reaching GBX 274.3. About 683,817 shares traded. Rentokil Initial plc (LON:RTO) has 0.00% since April 13, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 15 analysts covering Rentokil Initial PLC (LON:RTO), 12 have Buy rating, 1 Sell and 2 Hold. Therefore 80% are positive. Rentokil Initial PLC has GBX 400 highest and GBX 110 lowest target. GBX 295.07’s average target is 7.57% above currents GBX 274.3 stock price. Rentokil Initial PLC had 115 analyst reports since July 29, 2015 according to SRatingsIntel. Jefferies upgraded Rentokil Initial plc (LON:RTO) rating on Friday, March 2. Jefferies has “Buy” rating and GBX 340 target. The rating was maintained by RBC Capital Markets on Thursday, July 30 with “Top Pick”. Credit Suisse maintained Rentokil Initial plc (LON:RTO) on Tuesday, April 19 with “Outperform” rating. The stock of Rentokil Initial plc (LON:RTO) earned “Neutral” rating by Credit Suisse on Wednesday, January 3. The rating was maintained by Credit Suisse on Monday, June 6 with “Outperform”. RBC Capital Markets maintained the shares of RTO in report on Friday, April 1 with “Top Pick” rating. As per Friday, July 8, the company rating was maintained by Deutsche Bank. The stock has “Hold” rating by HSBC on Friday, November 17. As per Monday, October 24, the company rating was maintained by Credit Suisse. RBC Capital Markets maintained it with “Outperform” rating and GBX 350 target in Monday, March 5 report.

Rentokil Initial plc, through its subsidiaries, provides route services in North America, the United Kingdom, rest of Europe, Asia, and rest of world. The company has market cap of 5.04 billion GBP. It offers a range of pest control services from rodents to flying insects, as well as to other forms of wildlife management for commercial and residential customers. It has a 7.43 P/E ratio. The firm also provides hygiene services, including the provision and maintenance of products, such as air fresheners, sanitizers, feminine hygiene units, hand dryers, paper and linen towel dispensers, soap dispensers, and floor protection mats.

Sonasoft Corp. provides email archiving and business continuity software and services for small and mid-sized business. The company has market cap of $30.03 million. The firm offers SonaVault email archiving software that offloads the email server and stores them in a different server; SonaCloud, a cloud email archiving solution; SonaSecure, an email security and email continuity cloud solution for on-premise and cloud email systems; and SonaMigration, which safely migrates NearPoint or Mimosa email archives to PST format, as well as email archiving and eDiscovery appliances. It currently has negative earnings. It also provides data protection, disaster recovery, and virtualization solutions.