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Goldman Sachs Sticks to Its Buy Rating for Republic Services (RSG)

Tipranks - Tipranks - Fri Mar 13, 7:31AM CDT

In a report released today, Adam Bubes from Goldman Sachs reiterated a Buy rating on Republic Services, with a price target of $255.00.

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According to TipRanks, Bubes is a 4-star analyst with an average return of 11.8% and a 60.00% success rate. Bubes covers the Industrials sector, focusing on stocks such as Aecom Technology, Clean Harbors, and Granite Construction.

In addition to Goldman Sachs, Republic Services also received a Buy from Citi’s Bryan Burgmeier in a report issued on February 23. However, on March 5, UBS assigned a Hold rating to Republic Services (NYSE: RSG).

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Based on Republic Services’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.14 billion and a net profit of $545 million. In comparison, last year the company earned a revenue of $4.05 billion and had a net profit of $512 million

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