Raymond James Sticks to Their Buy Rating for GFL Environmental (GFL)


Raymond James analyst Patrick Brown maintained a Buy rating on GFL Environmental (GFL) today and set a price target of $39.00. The company’s shares closed last Thursday at $32.48.

According to TipRanks.com, Brown is a top 25 analyst with an average return of 22.4% and a 81.4% success rate. Brown covers the Industrial Goods sector, focusing on stocks such as Kansas City Southern, Old Dominion Freight, and Norfolk Southern.

Currently, the analyst consensus on GFL Environmental is a Moderate Buy with an average price target of $36.87.

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GFL Environmental’s market cap is currently $10.61B and has a P/E ratio of -15.30. The company has a Price to Book ratio of -3.51.

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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.

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