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Republic Services, Inc. (NYSE:RSG) stock price target increased to $57.00, issued a research note today by Zacks Investment Research

In a report released on 9/28/2016 Zacks Investment Research increased the stock price target of Republic Services, Inc. (NYSE:RSG) to $57.00 reporting a possible upside of 0.13%.

Yesterday Republic Services, Inc. (NYSE:RSG) traded -0.38% lower at $50.49. The company’s 50-day moving average is $50.84 and its 200-day moving average is $49.44. The last stock close price is up 2.30% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 944,196 shares of the stock were exchanged, down from an average trading volume of 1,247,390

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Republic Services, Inc. (NYSE:RSG)

Republic Services, Inc. has a 52 week low of $40.58 and a 52 week high of $52.92 with a P/E ratio of 24.30 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $51.50 with 4 firms rating the stock a strong buy, 3 firms 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 in the United States. The Company operates through three segments: East, Central and West. The Company operates in over 40 states and Puerto Rico through approximately 340 collection operations, over 200 transfer stations, over 190 active landfills, approximately 70 recycling centers, approximately 10 treatment, recovery and disposal facilities, and over 10 salt water disposal wells. It also operates approximately 70 landfill gas and renewable energy projects. It has post-closure responsibility for approximately 130 closed landfills. The Company provides residential, small-container commercial and large-container industrial solid waste collection services. Its residential collection business involves the curbside collection of waste for transport to transfer stations, or directly to landfills or recycling centers.

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