Republic Services (NYSE:RSG), the waste management company, has seen significant activity recently. Several investment groups have adjusted their holdings: Summit Global and B. Riley Wealth Advisors sold shares, while Mackenzie Financial Corp, 111 Capital, Wealth Enhancement Advisory Services, and Toronto Dominion Bank increased their holdings. Citing strong price appreciation, JPMorgan Chase maintains a neutral rating. The company also made moves towards sustainability, planning a high-tech recycling center in St. Louis and committing $500M to plastic bottle demand surge. However, Q1 sales were below analyst estimates. Despite this, the stock recently hit a new 12-month high and investors are bullish about the stock's potential growth and momentum. Also, the company was named one of the world's most ethical companies for the seventh time. Looking ahead, Republic Services provided full-year financial guidance for 2025 and announced expansion plans within the recycling segment.
Republic Services RSG News Analytics from Tue, 19 Nov 2024 08:00:00 GMT to Sat, 31 May 2025 16:21:54 GMT -
Rating 8
- Innovation 4
- Information 5
- Rumor -6
