Higher Prices and Volumes Drove Republic Services, Inc. to Its Best Quarter in 8 Years
Republic Services (NYSE: RSG) once again benefited from its ability to collect greater volumes even as it pushes through higher prices. Those dual fuels propelled revenue up 7.5% in the second quarter -- its best growth rate in eight years -- while earnings notched a double-digit gain. That strong performance allowed the company to boost its full-year profit outlook.
Metric
Q2 2017
Source: Fool.com
Republic Services Stock
€186.40
-0.930%
With 20 Buy predictions and not the single Sell prediction the community is currently very high on Republic Services.
As a result the target price of 190 € shows a slightly positive potential of 1.93% compared to the current price of 186.4 € for Republic Services.
