Progressive Waste Solutions Ltd PT Raised to C$31.00 (BIN)
RBC Capital raised their price target on shares of Progressive Waste Solutions Ltd (TSE:BIN) from C$28.00 to C$31.00 in a research note issued on Monday, ARN reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s target price would suggest a potential upside of 11.63% from the company’s current price.
A number of other firms have also recently commented on BIN. Analysts at Raymond James raised their price target on shares of Progressive Waste Solutions Ltd from C$25.00 to C$30.00 in a research note to investors on Monday, September 23rd. They now have an “outperform” rating on the stock. Separately, analysts at Zacks upgraded shares of Progressive Waste Solutions Ltd from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, August 29th. Finally, analysts at Pi Financial raised their price target on shares of Progressive Waste Solutions Ltd from C$24.00 to C$26.00 in a research note to investors on Wednesday, July 31st. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of C$27.00.
Shares of Progressive Waste Solutions Ltd (TSE:BIN) traded up 1.54% during mid-day trading on Monday, hitting $27.77. The stock had a trading volume of 195,240 shares. Progressive Waste Solutions Ltd has a 52-week low of $18.18 and a 52-week high of $27.49. The stock has a 50-day moving average of $25.22 and a 200-day moving average of $23.11. The company has a market cap of $3.188 billion and a P/E ratio of 29.60.
Progressive Waste Solutions Ltd., formerly IESI-BFC Ltd. is a waste management company. The Company provides non-hazardous solid waste collection and disposal services to commercial, industrial, municipal and residential customers in 12 states and the District of Columbia in the United States and six Canadian provinces.
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