Republic Services' (RSG) target price has
increased to $260 from $250 at Scotiabank, indicating strong
growth prospects amid a high-priced sector. RSG is also seen as having a firm foundation for
long-term growth and
momentum. Several financial businesses have increased their holdings in RSG, signalling their confidence in the company's
financial outlook. However, an ongoing
national strike by the Teamsters union could affect the company's profitability in the near term. RSG's recent
earnings have fallen short of analyst estimates, and some insiders have sold their stock, but the company's
returns on capital are rising. RSG plans to build a state-of-the-art recycling center in the St. Louis area, further establishing its positioning in the
waste management industry. The company's stock has reached a new record high despite a 37.81% drop in trading volume.
Republic Services RSG News Analytics from Mon, 18 Nov 2024 08:00:00 GMT to Sat, 19 Jul 2025 18:31:03 GMT -
Rating 7
- Innovation 6
- Information 7
- Rumor 3
