Oppenheimer analyst Noah Kaye maintained a Buy rating on Republic Services (RSG) yesterday and set a price target of $105.00. The company’s shares closed last Tuesday at $91.71.
According to TipRanks.com, Kaye is a 5-star analyst with an average return of 17.7% and a 64.5% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation, Johnson Controls, and Dana Holding.
Republic Services has an analyst consensus of Moderate Buy, with a price target consensus of $104.67.
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Based on Republic Services’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.57 billion and net profit of $260 million. In comparison, last year the company earned revenue of $2.65 billion and had a net profit of $298 million.
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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.
