Do Wall Street Analysts Like Republic Services Stock?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 29 2024
0mins
Source: NASDAQ.COM
Company Overview and Performance: Republic Services, Inc. is a leading environmental services company with a market cap of $68.3 billion, specializing in waste management and recycling. The company's shares have surged 37.5% over the past year, outperforming major indices due to strong demand for waste management solutions and strategic investments in sustainability.
Analyst Ratings and Future Outlook: Analysts maintain a "Moderate Buy" consensus on RSG stock, with expectations of an 11.2% profit increase this fiscal year. Jefferies has raised its price target following strong quarterly performance, indicating potential upside for investors amid ongoing economic uncertainty and a focus on technological advancements in the industry.
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Analyst Views on JEF
Wall Street analysts forecast JEF stock price to rise
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 54.080
Low
55.00
Averages
72.79
High
97.00
Current: 54.080
Low
55.00
Averages
72.79
High
97.00
About JEF
Jefferies Financial Group Inc. is a global, full-service investment banking and capital markets company. The Company provides financial advisory, equity underwriting and debt underwriting services. Its business segments include Investment Banking and Capital Markets and Asset Management. The Investment Banking and Capital Markets segment includes its securities, commodities, futures, and foreign exchange capital markets activities and its investment banking business, which provides underwriting and financial advisory services to clients across various industry sectors in the Americas, Europe and the Middle East, and Asia-Pacific. The Asset Management segment provides alternative investment management services to investors in the United States and overseas and generates investment income from capital invested in and managed by the Company or its affiliated asset managers. It provides mergers and acquisition, debt advisory and restructuring and private capital advisory services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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