Republic Services with ticker code (RSG) have now 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 175 and 140 with the average target price sitting at 156.86. Given that the stocks previous close was at 141.56 this now indicates there is a potential upside of 10.8%. The 50 day moving average now sits at 141.61 and the 200 moving average now moves to 132.96. The market cap for the company is $44,392m. Company Website: https://www.republicservices.com
The potential market cap would be $49,190m based on the market concensus.
Republic Services, together with its subsidiaries, offers environmental services in the United States. The company offers collection and processing of recyclable materials, collection, transfer and disposal of non-hazardous solid waste, and other environmental solutions. Its collection services include curbside collection of material for transport to transfer stations, landfills, or recycling processing centers; supply of recycling and waste containers; and renting of compactors. In addition, the company engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill and transfer services. Further, it offers disposal of non-hazardous solid and liquid material and in-plant services, such as transportation and logistics. It serves small-container, large-container, and residential customers. As of December 31, 2021, the company operated through 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, 6 saltwater disposal wells, and 7 deep injection wells, as well as 3 treatment, recovery, and disposal facilities in 41 states. It also operated 77 landfill gas-to-energy and renewable energy projects and had 124 closed landfills. The company was incorporated in 1996 and is based in Phoenix, Arizona.
