Barclays Reaffirms Their Buy Rating on Rollins (ROL)
Barclays analyst Manav Patnaik maintained a Buy rating on Rollins today and set a price target of $72.00.
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According to TipRanks, Patnaik is a 5-star analyst with an average return of 8.4% and a 62.05% success rate. Patnaik covers the Industrials sector, focusing on stocks such as Equifax, Cintas, and UniFirst.
In addition to Barclays, Rollins also received a Buy from TipRanks – xAI’s xAi Personal Products and Services in a report issued on February 4. However, on the same day, TipRanks – Anthropic downgraded Rollins (NYSE: ROL) to a Hold.
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 61 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, Jerry Jr. Gahlhoff, the PRESIDENT & CEO of ROL sold 1,307.00 shares for a total of $82,118.81.
Read More on ROL:
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- Rollins price target raised to $65 from $61 at UBS
- Rollins: Durable, Defensive Growth at a Historical Valuation Discount Supports Buy Rating
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- Rollins upgraded to Overweight from Equal Weight at Morgan Stanley
- Rollins Inc.: Hold Rating Maintained Amidst Strong Leadership and Inconsistent Margin Achievements
