Republic Services (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 1.83 by 12 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Argus Research initiates coverage on Republic Services (NYSE:RSG) The brokerage firm has issued a Hold rating on the shares. The Analysts at the ratings agency announces the price target to $50 per share. The rating by the firm was issued on May 18, 2016.
Republic Services (NYSE:RSG) should head towards $51.89 per share according to 9 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $48 per share. The higher price estimate target is at $56 according to the Analysts.
Republic Services (NYSE:RSG) rose 0.44% or 0.22 points on Tuesday and made its way into the gainers of the day. After trading began at $49.46 the stock was seen hitting $49.9 as a peak level and $49.44 as the lowest level. The stock ended up at $49.67. The daily volume was measured at 1,136,663 shares. The 52-week high of the share price is $50 and the 52-week low is $38.99. The company has a market cap of $17,081 million.
Shares of Republic Services, Inc. rose by 0.3% in the last five trading days and 4.15% for the last 4 weeks. Republic Services, Inc. is up 4.97% in the last 3-month period. Year-to-Date the stock performance stands at 13.61%.
Republic Services, Inc. is a provider of services in the domestic non-hazardous solid waste services industry. The Company provides non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers. The Company operates three geographic operating regions that are also its segments: East, Central and West. Each region is organized into several areas and each area contains multiple business units or operating locations. The Company has approximately 340 collection operations, owned or operated 198 transfer stations, 189 active solid waste landfills and 60 recycling centers. It also operates approximately 72 landfill gas and renewable energy projects. The Company operates in 39 states and Puerto Rico. The Company provides collection, transfer, recycling and landfill services in all its regions.