Waste Connections, Inc. (TSE:WCN) Receives C$265.00 Average Price Target from Analysts

Waste Connections, Inc. (TSE:WCN - Get Free Report) has been given an average rating of "Buy" by the six ratings firms that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$265.00.

A number of research firms have issued reports on WCN. National Bank Financial raised Waste Connections to a "strong-buy" rating in a research note on Monday, May 26th. Melius Research upgraded shares of Waste Connections to a "strong-buy" rating in a research report on Monday. William Blair upgraded Waste Connections to a "strong-buy" rating in a research report on Thursday, April 3rd. Finally, Seaport Res Ptn raised Waste Connections to a "strong-buy" rating in a research report on Tuesday, May 6th.

Insider Buying and Selling

In related news, Senior Officer Robert Andres Nielsen sold 473 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of C$269.79, for a total value of C$127,610.67. 0.21% of the stock is currently owned by company insiders.

Waste Connections Stock Performance

WCN traded up C$0.66 during midday trading on Wednesday, reaching C$261.25. The company had a trading volume of 17,125 shares, compared to its average volume of 292,459. The business has a 50-day moving average of C$268.40 and a two-hundred day moving average of C$265.33. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 102.69. Waste Connections has a 1 year low of C$229.26 and a 1 year high of C$284.73. The company has a market cap of C$47.49 billion, a P/E ratio of 50.49, a P/E/G ratio of 2.22 and a beta of 0.72.

Waste Connections Company Profile

Waste Connections is the third- largest integrated provider of traditional solid waste and recycling services in the North America, operating 91 active landfills (12 are E&P waste landfills), 132 transfer stations, and 68 recycling operations. The firm serves residential, commercial, industrial, and energy end markets.