Republic Services found using ticker (RSG) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 154 and 129 and has a mean target at 143. With the stocks previous close at 125.09 this would indicate that there is a potential upside of 14.3%. There is a 50 day moving average of 134.08 and the 200 moving average now moves to 121.78. The market capitalisation for the company is $39,190m. Company Website: https://www.republicservices.com
The potential market cap would be $44,801m 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.
