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Republic Services (NYSE:RSG) was upgraded by investment analysts at Raymond James from a “market perform” rating to a “strong-buy” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $42.00 price objective on the stock. Raymond James’ price target would indicate a potential upside of 15.54% from the stock’s previous close.

RSG has been the subject of a number of other recent research reports. Analysts at Imperial Capital initiated coverage on shares of Republic Services in a research note on Thursday, June 5th. They set an “outperform” rating and a $41.00 price target on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Republic Services in a research note on Tuesday, May 6th. They now have a $37.00 price target on the stock. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $38.20.

Shares of Republic Services (NYSE:RSG) traded up 1.18% during mid-day trading on Tuesday, hitting $36.78. 550,343 shares of the company’s stock traded hands. Republic Services has a 52-week low of $31.42 and a 52-week high of $36.39. The stock’s 50-day moving average is $35.06 and its 200-day moving average is $33.97. The company has a market cap of $13.107 billion and a P/E ratio of 22.03.

Republic Services (NYSE:RSG) last released its earnings data on Thursday, April 24th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.01. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. On average, analysts predict that Republic Services will post $1.96 earnings per share for the current fiscal year.

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

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