In a report issued on July 10, Jeffrey Silber from BMO Capital reiterated a Buy rating on Republic Services (NYSE: RSG), with a price target of $75. The company’s shares closed yesterday at $69.71, close to its 52-week high of $69.97.
According to TipRanks.com, Silber is a top 25 analyst with an average return of 23.7% and a 79.9% success rate. Silber covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, AMN Healthcare Services Inc, and American Public Education.
Currently, the analyst consensus on Republic Services is a Moderate Buy with an average price target of $75.
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Republic Services’ market cap is currently $22.91B and has a P/E ratio of 17.60. The company has a Price to Book ratio of 2.90.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. Last month, Jeffrey A. Hughes, the EVP Chief Administrative Offic of RSG sold 16,200 shares for a total of $1,101,600.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Republic Services, Inc. engages in the provision of services in the domestic non-hazardous solid waste industry. It provides integrated waste management services, which offers non-hazardous solid waste collection, transfer, recycling, disposal and energy services. The company was founded in 1996 and is headquartered in Phoenix, AZ.
