Rollins (ROL) Receives a Buy from Morgan Stanley
In a report released today, Greg Parrish from Morgan Stanley maintained a Buy rating on Rollins, with a price target of $70.00.
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According to TipRanks, Parrish is a 2-star analyst with an average return of 6.2% and an 85.71% success rate.
In addition to Morgan Stanley, Rollins also received a Buy from Barclays’s Manav Patnaik in a report issued today. However, on the same day, Canaccord Genuity maintained a Hold rating on Rollins (NYSE: ROL).
Based on Rollins’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $912.91 million and a net profit of $116.44 million. In comparison, last year the company earned a revenue of $832.17 million and had a net profit of $105.68 million
Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ROL in relation to earlier this year. Last month, Gary Rollins, the EXECUTIVE CHAIRMAN EMERITUS of ROL sold 10,355.00 shares for a total of $650,604.65.
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- Rollins price target lowered to $52 from $55 at Canaccord
- Rollins price target lowered to $67 from $70 at RBC Capital
- Wells Fargo downgrades Rollins to Equal Weight following quarterly results
- Rollins downgraded to Equal Weight from Overweight at Wells Fargo
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