Multiple positive forecasts for Republic Services (NYSE:RSG) stock price have been issued, such as those from the Goldman Sachs Group, William Blair, and UBS Group. Not only did these estimates come from
highly credible analysts, but they were also accompanied by an
increase in institutional investments, as seen in the purchases by ING Groep NV and Bryn Mawr Capital Management. Despite some selling of shares by the New York State Common Retirement Fund and others, the
overall market sentiment appears to remain bullish. Republic Services has demonstrated a
strong financial performance, with recent earnings beating expectations. There have also been increases in price targets by financial service companies including
Scotiabank, Morgan Stanley, and TD Cowen. The waste management company is successfully executing its business strategies while displaying
strong momentum, and features as a buy in most hedge funds' portfolios. Republic Services is also prioritizing
sustainable practices through the introduction of initiatives like the Circularity Index. The year ended with the company's shares reaching a new
52-week high after they announced a dividend. While much attention is around its
strong revenue growth, analysts also emphasize the company's intrinsic value and increasing Return on Capital Employed (ROCE).
Republic Services RSG News Analytics from Wed, 17 Jul 2024 07:00:00 GMT to Sat, 22 Feb 2025 17:48:33 GMT -
Rating 8
- Innovation 5
- Rumor 3
