Republic Services Upgraded to Buy by BB&T Capital Mkts (RSG)

BB&T Capital Mkts upgraded shares of Republic Services (NYSE: RSG) from a hold rating to a buy rating in a research note released on Wednesday morning. They currently have $38.00 price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at BB&T upgraded shares of Republic Services from a hold rating to a buy rating in a research note to investors on Wednesday. They now have a $38.00 price target on the stock. Analysts at Zacks upgraded shares of Republic Services from an underperform rating to a neutral rating in a research note to investors on Friday, February 8th. They now have a $33.00 price target on the stock.

Six equities research analysts have rated the stock with a buy rating, and five have assigned a hold rating to the stock. Republic Services currently has an average rating of overweight and an average price target of $35.80.

Republic Services (NYSE: RSG) opened at 31.90 on Wednesday. Republic Services has a 1-year low of $25.15 and a 1-year high of $32.40. The stock’s 50-day moving average is currently $31.35. The company has a market cap of $11.567 billion and a price-to-earnings ratio of 20.58.

The company also recently declared a quarterly dividend, which is scheduled for Monday, April 15th. Stockholders of record on Monday, April 1st will be given a dividend of $0.24 per share. This represents a $0.94 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend is Wednesday, March 27th.

Republic Services, Inc. (Republic) is a provider of services in the domestic non-hazardous solid waste industry.

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