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Republic Services, Inc. (NYSE:RSG) price target upped to $70.00, released a research note earlier today by Zacks Investment Research

Reporting a potential upside of 0.11%, Zacks Investment Research bumped up the target of Republic Services, Inc. (NYSE:RSG) to $70.00

Yesterday Republic Services, Inc. (NYSE:RSG) traded -0.53% lower at $62.82. The company’s 50-day moving average is $65.36 and its 200-day moving average is $64.12. The last closing price is down -1.23% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time period. 1,126,371 shares of the stock traded hands, up from an average trading volume of 959,497

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Republic Services, Inc. (NYSE:RSG)

Republic Services, Inc. has a 52 week low of $49.44 and a 52 week high of $67.18 with a P/E ratio of 32.31 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $51.50 with 4 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 7 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Republic Services, Inc. (NYSE:RSG)

Republic Services, Inc. is a provider of non-hazardous solid waste collection, transfer, disposal, recycling and energy services. The Company's segments include Group 1, Group 2 and Corporate entities. Its Group 1 and Group 2 segments provide integrated waste management services. Group 1 consists of geographic areas located in the western and portions of the mid-western United States. Group 2 consists of geographic areas located in Texas, the southeastern and portions of the mid-western United States, and the eastern seaboard of the United States. As of December 31, 2016, it operated in 39 states and Puerto Rico through 333 collection operations, 204 transfer stations, 192 active landfills, 64 recycling centers, seven treatment, recovery and disposal facilities, and 10 salt water disposal wells. As of December 31, 2016, it also operated 71 landfill gas and renewable energy projects and had post-closure responsibility for 124 closed landfills.

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