BMO Capital Believes Republic Services (NYSE: RSG) Won’t Stop Here

By Ryan Adsit

In a report issued on July 27, Jeffrey Silber from BMO Capital reiterated a Buy rating on Republic Services (NYSE: RSG), with a price target of $72. The company’s shares closed yesterday at $64.30, close to its 52-week high of $65.54.

According to TipRanks.com, Silber is a top 100 analyst with an average return of 21.3% and a 73.1% success rate. Silber covers the Services sector, focusing on stocks such as AMN Healthcare Services Inc, Apollo Education Group Inc, and American Public Education.

Currently, the analyst consensus on Republic Services is Strong Buy and the average price target is $72.33, representing a 12.5% upside.

In a report issued on July 18, Stifel Nicolaus also reiterated a Buy rating on the stock with a $73 price target.

The company has a one year high of $65.54 and a one year low of $49.18. Currently, Republic Services has an average volume of 1.08M.

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Republic Services, Inc. engages in the provision of services in the domestic non-hazardous solid waste industry. It operates through the following geographical segments: East, Central, and West. The company was founded in 1996 and is headquartered in Phoenix, AZ.