Stifel Nicolaus analyst Michael E. Hoffman reiterated a Buy rating on GFL Environmental (GFL – Research Report) today and set a price target of C$60.00. The company’s shares closed yesterday at $36.40.
According to TipRanks, E. Hoffman is a 5-star analyst with an average return of 12.1% and a 60.19% success rate. E. Hoffman covers the Industrials sector, focusing on stocks such as Fastenal Company, Clean Harbors, and Republic Services.
Currently, the analyst consensus on GFL Environmental is a Strong Buy with an average price target of $40.75, an 11.95% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a C$47.00 price target.
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The company has a one-year high of $39.01 and a one-year low of $26.86. Currently, GFL Environmental has an average volume of 1.25M.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GFL in relation to earlier this year.
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GFL Environmental (GFL) Company Description:
GFL Environmental Holdings Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line includes the collection, transportation, transfer, recycling and disposal of non-hazardous solid waste. Its infrastructure and soil remediation business line provide remediation of contaminated soils as well as complementary services, including civil, demolition, excavation and shoring services.
Read More on GFL:
- GFL Environmental Reports Fourth Quarter and Full Year 2023 Results; Provides Full Year 2024 Guidance
- GFL Environmental initiated with a Buy at UBS
- GFL Environmental downgraded to Neutral from Buy at BofA
- GFL Environmental price target raised to C$55 from C$52 at National Bank
- GFL Environmental Inc. Announces Quarterly Dividend
