Republic Services, a dominant force in the waste management sector, has been stirring investor interest due to an impressive run of momentum. The company’s stocks have predominantly been faring well, despite marginal divestment from entities like Twin Beech Capital and USS Investment Management, along with significant acquisitions by others such as Wood Line Partners and Man Group plc. JP Morgan has raised the price target for RSG, echoing the belief in the firm's growing trajectory. UBS Asset Management and ProShare Advisors have also amplified their stake in Republic Services. Rafferty Asset Management and Mufg Securities Americas have also staked their positions on the firm, betting on its sustainable growth. Republic Services' Q1 earnings had outdone Wall Street predictions, despite sales figures falling short of estimates. The firm has laid plans to construct a state-of-the-art recycling facility in St. Louis, further backing its posture as an industry stalwart. However, certain industry circles have posed concerns regarding Republic Services' current stock value and its potential impact on incoming investments.
Republic Services RSG News Analytics from Tue, 19 Nov 2024 08:00:00 GMT to Sat, 24 May 2025 18:55:55 GMT -
Rating +8
- Innovation +6
- Information +9
- Rumor -7
