BofA Securities has reinstated coverage on Rollins Inc. (NYSE:ROL) with a buy rating and a price target of $67.00, suggesting a 12% upside. The firm highlights Rollins’ strong growth algorithm, combining organic expansion with strategic acquisitions, which helps the company gain market share in the fragmented pest control industry. Despite a recent earnings miss, BofA is confident in Rollins’ ability to achieve high-single-digit revenue growth and improve EBITDA margins.
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BofA reinstates Rollins stock coverage with buy rating on growth outlook
BofA Securities has reinstated coverage on Rollins Inc. (NYSE:ROL) with a buy rating and a price target of $67.00, suggesting a 12% upside. The firm highlights Rollins’ strong growth algorithm, combining organic expansion with strategic acquisitions, which helps the company gain market share in the fragmented pest control industry. Despite a recent earnings miss, BofA is confident in Rollins’ ability to achieve high-single-digit revenue growth and improve EBITDA margins.