Key Highlights

● RSG closed at $216.76 on 9 October 2026.

● Market data consensus target is $244.32, implying about 12.7% upside.

● Targets range from $227.00 to $267.00.

● Raymond James set a $235 target on 9 October.

Shares of Republic Services (NYSE:RSG), a member of the S&P 500, closed at $216.76 on Friday 9 October 2026. The consensus target sits moderately above the share price.

What Is the Latest Analyst Price Target?

Market data reports a consensus price target of $244.32 from 22 ratings in the past twelve months, with a high of $267.00 and a low of $227.00. Against the $216.76 close, the consensus target suggests potential upside of about 12.7%. The second data set, using third-party data from 27 analysts, shows a mean of $244.50, a median of $243.50 and a wider range of $208 to $272. The overall rating is Moderate Buy at market data and Buy at the second data set.

The two means are very close and are consistent with the recent named broker targets, which sit between $232 and $259.

What Are Wall Street Analysts Saying?

Market data shows 13 Buy ratings, nine Hold and no Sell. The second data set lists 12 Strong Buy, three Buy and 12 Hold. Broker activity in October has been leaning towards lower targets. According to market data, Raymond James set a $235 target on 9 October, down from $238, and Deutsche Bank lowered its target from $270 to $258 the same day. CIBC cut its Outperform target from $249 to $240 on 8 October, and Goldman Sachs lowered its Buy target from $256 to $246 on 2 October.

In August, several brokers raised targets: Barclays moved to $240 (Equal Weight), Morgan Stanley to $232 (Equal Weight), Baird to $235, UBS to $235 (Neutral) and Bernstein to $227 (Market Perform). Citigroup raised its Buy target from $247 to $259 in July.

What Could Help the Stock Reach the Price Target?

The consensus implies a gap of more than 12% to the current price. Supportive factors could include pricing power in collection and landfill operations, volume growth, recycling and renewable energy projects, and cash generation. Market data refers to revenue growth of 4.6% in the latest quarter, higher full-year guidance and adjusted free cash flow of up to $2.58 billion. Market data also reports a quarterly dividend raised to $0.67 per share from $0.625, a yield of roughly 1.2% to 1.3%.

What Could Prevent the Stock Reaching the Target?

The October target reductions from Deutsche Bank, Raymond James, CIBC and Goldman Sachs suggest analysts are trimming expectations, even if the consensus remains well above the price. Risks for waste companies include fuel and labour costs, softer industrial and construction volumes, lower recycled commodity prices and integration risks from acquisitions. Nine of 22 market data ratings are Hold, and the low target on the second data set of $208 is below the current price, which shows that opinion is not unanimous.

What Should Investors Watch Next?

Other items to watch include further broker target revisions, commodity and fuel price trends, pricing updates, and any change to guidance or dividend policy.

The Analyst Case for Republic Services, in Numbers

Republic Services closed at $216.76 on 9 October 2026, against a market data consensus target of $244.32. According to market data, Raymond James set a $235 target on 9 October, down from $238, and Deutsche Bank lowered its target from $270 to $258 the same day.