Waste Connections (NYSE:WCN) has an average broker rating of 1.85, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
Waste Connections (NYSE:WCN) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $83 and the lowest price target forecast is $58. The average forecast of all the analysts is $73.14 and the expected standard deviation is $8.27.
For the current week, the company shares have a recommendation consensus of Buy. Also, RBC Capital initiates coverage on Waste Connections (NYSE:WCN). The current rating of the shares is Outperform, according to the research report released by the firm. The brokerage firm announces the price target at $82 per share. The rating by the firm was issued on June 6, 2016.
Waste Connections (NYSE:WCN): stock turned positive on Tuesday. Though the stock opened at $69.96, the bulls momentum made the stock top out at $71.24 level for the day. The stock recorded a low of $69.96 and closed the trading day at $71.05, in the green by 2.29%. The total traded volume for the day was 1,176,966. The stock had closed at $69.46 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Shea Patrick James, (Sr. VP, General Counsel & Sec) of Waste Connections, Inc., had unloaded 5,000 shares at an average price of $73.05 in a transaction dated on June 10, 2016. The total value of the transaction was worth $365,250.
Waste Connections, Inc. is an integrated municipal solid waste (MSW) services company that provides solid waste collection, transfer, disposal and recycling services. It provides non-hazardous exploration and production (E&P), waste treatment, recovery and disposal services. The Company operates in four segments: Western, Central, Eastern and E&P. The Companys Western segment consists of locations in Alaska, California, Idaho, Montana, Nevada, Oregon, Washington and western Wyoming. The Companys Central segment consists of locations in Arizona, Colorado, Kansas, Louisiana, Minnesota, Nebraska, New Mexico, Oklahoma, South Dakota, Texas, Utah and eastern Wyoming. The Companys Eastern segment consists of locations in Alabama, Illinois, Iowa, Kentucky, Massachusetts, Michigan, Mississippi, New York, North Carolina, South Carolina and Tennessee. The Companys E&P segment consists of its E&P operations in Louisiana, New Mexico, North Dakota, Oklahoma, Texas, Wyoming and Gulf of Mexico.