Republic Services with ticker code (RSG) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 154 and 129 calculating the average target price we see 143. With the stocks previous close at 125.73 this indicates there is a potential upside of 13.7%. The 50 day moving average now sits at 131.9 while the 200 day moving average is 122.95. The market cap for the company is $38,108m. You can visit the company’s website by visiting: https://www.republicservices.com
The potential market cap would be $43,343m based on the market concensus.
Republic Services, together with its subsidiaries, provides non-hazardous solid waste collection, transfer, disposal, recycling, and environmental services in the United States. The company serves small-container, large-container, and municipal and residential customers. The company’s 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. It is also involved in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill and transfer services. In addition, the company offers disposal of non-hazardous solid and liquid material and in-plant services, such as transportation and logistics. As of December 31, 2020, the company operated through 345 collection operations, 220 transfer stations, 186 active landfills, 76 recycling processing centers, 9 salt water disposal wells, and 7 deep injection wells, as well as 6 treatment, recovery, and disposal facilities in 41 states. It also operated 75 landfill gas-to-energy and renewable energy projects and had 128 closed landfills. The company was incorporated in 1996 and is based in Phoenix, Arizona.
