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GFL Environmental (GFL) Stock Forecast & Price Target

$31.14
-0.65 (-2.04%)
(As of 03:15 PM ET)

GFL Environmental - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 11 Analyst Ratings

Consensus Price Target

$43.08
38.35% Upside
High Forecast$59.00
Average Forecast$43.08
Low Forecast$34.00
TypeCurrent Forecast
5/24/23 to 5/23/24
1 Month Ago
4/24/23 to 4/23/24
3 Months Ago
2/23/23 to 2/23/24
1 Year Ago
5/24/22 to 5/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
10 Buy rating(s)
8 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$43.08$42.83$42.00$39.25
Forecasted Upside38.35% Upside29.77% Upside28.82% Upside31.81% Upside
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GFL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GFL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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GFL Environmental Stock vs. The Competition

TypeGFL EnvironmentalBusiness Services CompaniesS&P 500
Consensus Rating Score
2.82
2.63
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside36.60% Upside162.47% Upside9.63% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/6/2024TD Cowen
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 Boost TargetBuy ➝ Buy$42.00 ➝ $43.00+29.32%
4/8/2024Royal Bank of Canada
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 Initiated CoverageOutperform ➝ Outperform$43.00 ➝ $46.00+32.53%
3/18/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$46.00 ➝ $51.00+49.52%
2/22/2024BMO Capital Markets
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 Boost TargetOutperform$40.00 ➝ $42.00+17.15%
2/6/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$30.00 ➝ $34.00-3.33%
1/31/2024UBS Group
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 Initiated CoverageBuy$44.00+29.34%
1/19/2024Bank of America
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 DowngradeBuy ➝ Neutral$35.00+3.55%
12/4/2023Raymond James
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 Boost TargetOutperform ➝ Outperform$35.00 ➝ $36.00+22.62%
10/20/2023Truist Financial
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 Initiated CoverageBuy$46.00+53.18%
10/17/2023Wolfe Research
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 Initiated CoverageOutperform$36.00+16.54%
10/2/2023Canaccord Genuity Group
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 Boost Target$43.00 ➝ $45.00+43.22%
7/20/2023TD Securities
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 Boost TargetBuy$58.00 ➝ $59.00+58.82%
2/23/2023JPMorgan Chase & Co.
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 Boost TargetOverweight$39.00 ➝ $40.00+28.08%
1/31/2023National Bank Financial
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R. Merer
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Reiterated RatingOutperfrom Under Weight
12/14/2022CIBC
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 Boost TargetC$46.00 ➝ C$50.00
10/21/2022Bank Of America (Bofa)
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 UpgradeBuy
10/14/2022The Goldman Sachs Group
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 Lower TargetBuy$45.00 ➝ $39.00+58.67%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:32 PM ET.

GFL Frequently Asked Questions

What is GFL Environmental's stock forecast and purchase recommendation?

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for GFL Environmental is $43.08, with a high forecast of $59.00 and a low forecast of $34.00. The consensus rating for GFL Environmental stock is Moderate Buy based on the current 2 hold ratings and 9 buy ratings for GFL. Learn more on GFL's analyst rating history.

Do Wall Street analysts like GFL Environmental more than its competitors?

Analysts like GFL Environmental more than other "business services" companies. The consensus rating score for GFL Environmental is 2.82 while the average consensus rating score for "business services" companies is 2.63. Learn more on how GFL compares to other companies.

Does GFL Environmental's stock price have much upside?

According to analysts, GFL Environmental's stock has a predicted upside of 29.01% based on their 12-month stock forecasts.

What analysts cover GFL Environmental?

GFL Environmental has been rated by research analysts at Jefferies Financial Group, Royal Bank of Canada, and TD Cowen in the past 90 days.


Stock Forecasts and Research Tools

This page (NYSE:GFL) was last updated on 5/23/2024 by MarketBeat.com Staff

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