Impact of Brokerage Rating on Republic Services, Inc.(RSG)

Many Republic Services, Inc.(RSG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Stifel on Feb 13, 2017 to Buy, Raises Price Target to $ 64 from a previous price target of $60 .

Company has reported several Insider transactions to the SEC, on Oct 31, 2016, Donald W Slager (President and CEO) sold 164,628 shares at 52.00 per share price.On Jul 5, 2016, Brian A Goebel (CAO) sold 1,695 shares at 52.10 per share price.On Jun 13, 2016, Michael P Rissman (EVP/Chief Legal Officer/Secret) sold 61,768 shares at 49.41 per share price.

Republic Services Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.58. The company had revenue of $2409.30 million for the quarter, compared to analysts expectations of $2409.96 million. The companys revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.

Republic Services, Inc. (NYSE:RSG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.89 by 9 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.

Republic Services, Inc. (NYSE:RSG) stock has received a short term price target of $ 56.57 from 7 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $4.39. The higher estimate of target price is $62 , while the lower price target estimate is $49

Republic Services, Inc. (NYSE:RSG) witnessed a decline in the market cap on Tuesday as its shares dropped 0.1% or 0.06 points. After the session commenced at $58.21, the stock reached the higher end at $58.58 while it hit a low of $58.15. With the volume soaring to 989,429 shares, the last trade was called at $58.43. The company has a 52-week high of $58.64. The company has a market cap of $19,864 million and there are 339,961,880 shares in outstanding. The 52-week low of the share price is $44.2.

Republic Services, Inc., is a leading provider of services in the domestic non-hazardous solid waste industry. They provide non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers through their collection companies. They also own or operate transfer stations and solid waste landfills.

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