Stifel Nicolaus Keeps Their Buy Rating on GFL Environmental (GFL)

In a report released today, Michael E. Hoffman from Stifel Nicolaus maintained a Buy rating on GFL Environmental (GFL – Research Report), with a price target of C$60.00. The company’s shares closed yesterday at $32.86.

E. Hoffman covers the Industrials sector, focusing on stocks such as Clean Harbors, Stericycle, and GFL Environmental. According to TipRanks, E. Hoffman has an average return of 11.2% and a 59.94% success rate on recommended stocks.

In addition to Stifel Nicolaus, GFL Environmental also received a Buy from TD Cowen’s James Schumm in a report issued yesterday. However, on May 2, Bank of America Securities reiterated a Hold rating on GFL Environmental (NYSE: GFL).

GFL market cap is currently $12.36B and has a P/E ratio of 620.00.

Based on the recent corporate insider activity of 24 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 GFL in relation to earlier this year.

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GFL Environmental (GFL) Company Description:

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.