CIBC Issues Positive Forecast for GFL ENVIRON-TS (CVE:GFL) Stock Price

GFL ENVIRON-TS (CVE:GFL) had its target price upped by CIBC from C$64.00 to C$69.00 in a report released on Friday morning,BayStreet.CA reports.

A number of other research firms have also recently issued reports on GFL. Royal Bank of Canada boosted their price objective on GFL ENVIRON-TS from C$46.00 to C$48.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. TD Securities upped their target price on GFL ENVIRON-TS from C$59.00 to C$62.00 in a research report on Friday, August 2nd. BMO Capital Markets increased their price objective on GFL ENVIRON-TS from C$42.00 to C$43.00 and gave the company a “market perform” rating in a report on Friday, August 2nd. ATB Capital increased their price target on GFL ENVIRON-TS from C$66.00 to C$67.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. Finally, National Bankshares raised their target price on GFL ENVIRON-TS from C$58.00 to C$60.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, GFL ENVIRON-TS currently has a consensus rating of “Moderate Buy” and an average target price of C$62.56.

GFL ENVIRON-TS Stock Performance

About GFL ENVIRON-TS

GFL Environmental Inc operates as a diversified environmental services company in Canada and the United States. The company offers non-hazardous solid waste management, infrastructure and 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 for municipal, residential, and commercial and industrial customers.