Republic Services (NYSE:RSG) Given New $245.00 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. raised its price target on Republic Services from $233 to $245 and kept a "neutral" rating, implying about a 14.5% upside from the prior close.
• The analyst consensus is a "Moderate Buy" (13 Buy, 10 Hold) with an average target of $247, reflecting mixed but generally positive analyst sentiment.
• Shares traded down to $213.92 on the day; the company reported quarterly EPS of $1.76 (beat) and set FY2026 guidance of $7.20–$7.28 per share.

Republic Services (NYSE:RSG - Get Free Report) had its price objective boosted by stock analysts at JPMorgan Chase & Co. from $233.00 to $245.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a "neutral" rating on the business services provider's stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 14.53% from the company's previous close.

Several other analysts also recently weighed in on RSG. Wolfe Research began coverage on shares of Republic Services in a report on Friday, March 13th. They issued a "peer perform" rating for the company. Citigroup lifted their target price on shares of Republic Services from $244.00 to $253.00 and gave the company a "buy" rating in a report on Monday, February 23rd. Scotiabank dropped their target price on shares of Republic Services from $246.00 to $242.00 and set a "sector perform" rating for the company in a report on Wednesday, January 21st. Sanford C. Bernstein lifted their target price on shares of Republic Services from $205.00 to $220.00 and gave the company a "market perform" rating in a report on Monday, January 5th. Finally, Bank of America dropped their target price on shares of Republic Services from $271.00 to $241.00 and set a "buy" rating for the company in a report on Monday, December 22nd. Thirteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $247.00.

Republic Services Trading Down 1.4%

Shares of RSG stock traded down $3.09 during trading on Friday, hitting $213.92. 884,746 shares of the stock traded hands, compared to its average volume of 1,425,282. The firm has a market capitalization of $66.09 billion, a P/E ratio of 31.19, a price-to-earnings-growth ratio of 3.59 and a beta of 0.53. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.64 and a quick ratio of 0.64. The firm's fifty day moving average price is $221.96 and its 200-day moving average price is $217.82. Republic Services has a 52-week low of $201.42 and a 52-week high of $258.75.

Republic Services (NYSE:RSG - Get Free Report) last released its quarterly earnings results on Tuesday, February 17th. The business services provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.62 by $0.14. Republic Services had a net margin of 12.90% and a return on equity of 18.44%. The firm had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same quarter in the previous year, the company earned $1.58 EPS. The business's revenue for the quarter was up 2.2% compared to the same quarter last year. Republic Services has set its FY 2026 guidance at 7.200-7.28 EPS. As a group, research analysts forecast that Republic Services will post 6.86 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Republic Services

Institutional investors and hedge funds have recently modified their holdings of the company. Financial Consulate Inc. purchased a new stake in shares of Republic Services in the third quarter valued at about $25,000. Wealth Watch Advisors INC purchased a new stake in shares of Republic Services in the third quarter valued at about $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Republic Services in the fourth quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Republic Services by 121.8% in the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 122 shares of the business services provider's stock valued at $28,000 after buying an additional 67 shares during the last quarter. Finally, Ameriflex Group Inc. purchased a new stake in shares of Republic Services in the third quarter valued at about $29,000. Institutional investors and hedge funds own 57.73% of the company's stock.

About Republic Services

Republic Services, Inc is a leading provider of non-hazardous solid waste and recycling services in the United States. The company offers a broad range of waste management solutions to residential, commercial, industrial and municipal customers, positioning itself as a full-service partner for everyday waste collection as well as specialized disposal needs.

Republic's core operations include curbside and commercial collection, transfer and hauling, materials recovery and recycling facilities, and landfill disposal.

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