CIBC Reiterates Their Buy Rating on Waste Connections (WCN)


Waste Connections (TSX: WCN), the Materials sector company was revisited yesterday, and remains undervalued for at least one analyst on the street. The company received a Buy rating from CIBC’s analyst Kevin Chiang.

Chiang has an average return of 17.4% when recommending Waste Connections.

According to TipRanks.com, Chiang is ranked #366 out of 4847 analysts.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Waste Connections with a C$120 average price target.

The company has a one-year high of C$104.94 and a one-year low of C$79.78. Currently, Waste Connections has an average volume of 204.4K.

Waste Connections, Inc. engages in the provision of solid waste services. It operates through the following segments: Southern, Western, Eastern, Canada, Central, and Exploration and Production. Its services include waste collection, transfer, disposal, treatment, recovery, and recycling: and non-hazardous exploration and production.

The company’s shares closed on Thursday at C$104.94, equals to its 52-week high of C$104.94.

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