National Bank Financial Forecasts Strong Price Appreciation for GFL ENVIRON-TS (CVE:GFL) Stock

GFL ENVIRON-TS (CVE:GFL) had its target price boosted by stock analysts at National Bank Financial from C$81.00 to C$84.00 in a research report issued to clients and investors on Friday, BayStreet reports. The brokerage presently has an “outperform” rating on the stock.

A number of other research firms have also recently commented on GFL. ATB Cormark Capital Markets lowered their price target on shares of GFL ENVIRON-TS from C$89.00 to C$87.00 and set an “outperform” rating on the stock in a report on Monday. Canadian Imperial Bank of Commerce boosted their target price on GFL ENVIRON-TS from C$76.00 to C$82.00 in a research note on Monday, August 31st. Finally, BMO Capital Markets increased their price target on GFL ENVIRON-TS from C$43.00 to C$45.00 and gave the stock a “market perform” rating in a research note on Friday. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$77.50.

GFL ENVIRON-TS Price Performance

GFL ENVIRON-TS Company Profile

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. The company’s infrastructure and soil remediation business line provides remediation of contaminated soils, as well as complementary services, including civil, demolition, and excavation and shoring services.