Rollins rises after Piper Sandler starts with 'overweight' on growth prospects

Rollins

01/07/2025 16:37

** Pest control services provider Rollins' ROL.N shares up ~1.2% at $57.11

** Piper Sandler starts coverage of ROL with "overweight" rating

** Brokerage says ROL has a long track record of healthy and sustainable growth

** "The company is in the early stages of transitioning from a family-run business to a more modernized public company that should, in turn, accelerate growth and make shares more appealing" - Piper Sandler

** Brokerage sets PT at $70, a ~24% upside to stock's last close

** Seven of 14 brokerages rate the stock "buy" or higher, seven "hold"; their median PT is $58 - LSEG

** Including session's moves, stock up ~23.2% YTD

 (Reporting by Prakhar Srivastava in Bengaluru)

 ((Prakhar.srivastava2@thomsonreuters.com))