Morgan Stanley analyst Jeffrey Goldstein maintained a Hold rating on Waste Management (WM) today and set a price target of $122.00. The company’s shares closed last Wednesday at $117.43.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Waste Management with a $124.11 average price target.
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The company has a one-year high of $126.79 and a one-year low of $85.34. Currently, Waste Management has an average volume of 1.43M.
Based on the recent corporate insider activity of 62 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 WM in relation to earlier this year. Most recently, in November 2020, James Fish, the Pres, Chief Executive Officer of WM sold 24,671 shares for a total of $3,036,507.
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Waste Management, Inc. engages in the provision of waste management environmental services. It operates through the following segments: Tier 1, Tier 2 and Tier 3. The Tier 1 segment comprises of areas in the Southern United States. The Tier 2 segment comprises of areas located in the Midwest and Northeast United States. The Tier 3 segment comprises all remaining areas, including the Northwest and Mid-Atlantic regions of the United States and Eastern Canada. The company was founded on September 30, 1987 and is headquartered in Houston, TX.
