GFL Environmental (TSE:GFL) Upgraded to Strong-Buy at William Blair

Key Points

• GFL Environmental has been upgraded to a "strong-buy" rating by William Blair, alongside a similar upgrade from Barclays, indicating robust analyst confidence in the stock.
• The stock currently holds a consensus rating of "Strong Buy" from six analysts, suggesting a positive outlook among market experts.
• GFL Environmental operates primarily in non-hazardous solid waste management, which is the main revenue generator for the company, contributing to its substantial market capitalization of C$23.65 billion.

GFL Environmental (TSE:GFL - Get Free Report) was upgraded by William Blair to a "strong-buy" rating in a research note issued to investors on Thursday,Zacks.com reports.

Separately, Barclays raised shares of GFL Environmental to a "strong-buy" rating in a research note on Friday, September 19th. Six analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Strong Buy".

GFL Environmental Trading Up 0.7%

GFL stock opened at C$65.08 on Thursday. The firm's fifty day simple moving average is C$67.13 and its two-hundred day simple moving average is C$67.41. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 147.75. The stock has a market capitalization of C$23.65 billion, a price-to-earnings ratio of 7.10, a price-to-earnings-growth ratio of -0.76 and a beta of 0.28. GFL Environmental has a twelve month low of C$52.40 and a twelve month high of C$71.82.

GFL Environmental Company Profile

GFL Environmental 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, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste.

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