GFL Environmental (NYSE:GFL) Price Target Increased to $43.00 by Analysts at TD Cowen

GFL Environmental (NYSE:GFL) had its target price upped by equities research analysts at TD Cowen from $42.00 to $43.00 in a report released on Monday, Benzinga reports. The firm presently has a “buy” rating on the stock. TD Cowen’s target price would suggest a potential upside of 28.59% from the company’s current price.

Other analysts also recently issued reports about the stock. Wells Fargo & Company lifted their price objective on shares of GFL Environmental from $30.00 to $34.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 6th. BMO Capital Markets lifted their price objective on shares of GFL Environmental from $40.00 to $42.00 and gave the stock an “outperform” rating in a report on Thursday, February 22nd. Royal Bank of Canada assumed coverage on shares of GFL Environmental in a report on Monday, April 8th. They set an “outperform” rating and a $46.00 price objective for the company. UBS Group assumed coverage on shares of GFL Environmental in a research report on Wednesday, January 31st. They set a “buy” rating and a $44.00 price target for the company. Finally, Jefferies Financial Group raised their price objective on GFL Environmental from $46.00 to $51.00 and gave the company a “buy” rating in a research note on Monday, March 18th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, GFL Environmental presently has an average rating of “Moderate Buy” and an average price target of $43.08.

GFL Environmental Stock Up 1.8 %

Shares of NYSE:GFL opened at $33.44 on Monday. The firm has a fifty day moving average price of $34.12 and a two-hundred day moving average price of $32.77. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.84 and a quick ratio of 0.84. GFL Environmental has a one year low of $26.87 and a one year high of $39.06. The company has a market cap of $12.41 billion, a price-to-earnings ratio of 51.22 and a beta of 1.15.

GFL Environmental (NYSE:GFL) last announced its quarterly earnings results on Tuesday, February 20th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.14). GFL Environmental had a net margin of 1.25% and a return on equity of 4.51%. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.37 billion. Analysts anticipate that GFL Environmental will post 0.7 EPS for the current fiscal year.

Institutional Trading of GFL Environmental

Large investors have recently added to or reduced their stakes in the stock. Signaturefd LLC lifted its position in shares of GFL Environmental by 48.9% in the 4th quarter. Signaturefd LLC now owns 1,178 shares of the company’s stock worth $41,000 after purchasing an additional 387 shares during the period. DekaBank Deutsche Girozentrale raised its stake in GFL Environmental by 2.0% in the third quarter. DekaBank Deutsche Girozentrale now owns 20,228 shares of the company’s stock worth $647,000 after buying an additional 404 shares in the last quarter. Oliver Lagore Vanvalin Investment Group lifted its holdings in GFL Environmental by 60.1% in the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 1,209 shares of the company’s stock worth $42,000 after buying an additional 454 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in GFL Environmental by 5.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 13,322 shares of the company’s stock valued at $460,000 after acquiring an additional 690 shares in the last quarter. Finally, Tobam purchased a new position in shares of GFL Environmental during the 1st quarter worth approximately $25,000. Institutional investors own 64.70% of the company’s stock.

GFL Environmental Company Profile

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.