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Analysts Have Conflicting Sentiments on These Utilities Companies: Middlesex Water Company (MSEX) and Republic Services (RSG)

Analysts have been eager to weigh in on the Utilities sector with new ratings on Middlesex Water Company (MSEXResearch Report) and Republic Services (RSGResearch Report).

Middlesex Water Company (MSEX)

Robert W. Baird analyst Ben Kallo reiterated a Buy rating on Middlesex Water Company on July 31 and set a price target of $85.00. The company’s shares closed last Tuesday at $80.21.

According to TipRanks.com, Kallo is a 5-star analyst with an average return of 7.3% and a 53.1% success rate. Kallo covers the Technology sector, focusing on stocks such as Rivian Automotive, QuantumScape, and ESS Tech.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Middlesex Water Company with a $85.00 average price target.

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Republic Services (RSG)

In a report issued on July 31, David Manthey from Robert W. Baird maintained a Hold rating on Republic Services, with a price target of $166.00. The company’s shares closed last Tuesday at $152.09, close to its 52-week high of $155.94.

According to TipRanks.com, Manthey is a 5-star analyst with an average return of 15.5% and a 68.7% success rate. Manthey covers the Industrial Goods sector, focusing on stocks such as Heritage-Crystal Clean, Beacon Roofing Supply, and Builders Firstsource.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Republic Services with a $167.00 average price target, implying an 8.8% upside from current levels. In a report released yesterday, RBC Capital also maintained a Hold rating on the stock with a $163.00 price target.

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