On Oct 30, major Wall Street analysts update their ratings for $Republic Services (RSG.US)$, with price targets ranging from $211 to $244.
Morgan Stanley analyst Toni Kaplan maintains with a hold rating, and adjusts the target price from $208 to $217.
BMO Capital analyst Devin Dodge maintains with a hold rating, and maintains the target price at $211.
Oppenheimer analyst Noah Kaye maintains with a buy rating, and adjusts the target price from $210 to $220.
RBC Capital analyst Sabahat Khan maintains with a hold rating, and adjusts the target price from $211 to $219.
Truist Financial analyst Tobey Sommer maintains with a buy rating, and sets the target price at $244.
Furthermore, according to the comprehensive report, the opinions of $Republic Services (RSG.US)$'s main analysts recently are as follows:
Republic Services surpassed Q3 adjusted EBITDA/EPS expectations despite a milder overall revenue, and indicated a likelihood of reaching the higher spectrum of its FY24 EBITDA forecast and the lower end of its sales projection. Additionally, the company provided a preliminary outline for FY25 that aligns generally with the consensus.
The expectation for Republic Services' 2024 adjusted EBITDA is now to reach the high end of the previous guidance range, following a Q3 earnings beat. Looking forward, the progress made in the company's Environmental Solutions segment is seen as encouraging, and the company is perceived to be well positioned as it heads into 2025.
Here are the latest investment ratings and price targets for $Republic Services (RSG.US)$ from 6 analysts:
Note:
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