RBC Capital Keeps Their Buy Rating on Rollins (ROL)

RBC Capital analyst Ashish Sabadra reiterated a Buy rating on Rollins yesterday and set a price target of $70.00. The company’s shares closed yesterday at $61.14.

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According to TipRanks, Sabadra is a 4-star analyst with an average return of 5.7% and a 59.59% success rate. Sabadra covers the Financial sector, focusing on stocks such as S&P Global, Intercontinental Exchange, and Cboe Global Markets.

In addition to RBC Capital, Rollins also received a Buy from Morgan Stanley’s Toni Kaplan in a report issued on December 17. However, on December 10, Canaccord Genuity maintained a Hold rating on Rollins (NYSE: ROL).

Based on Rollins’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.03 billion and a net profit of $163.53 million. In comparison, last year the company earned a revenue of $916.27 million and had a net profit of $136.91 million

Based on the recent corporate insider activity of 65 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.