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Equities research analysts at RBC Capital boosted their price target on shares of Progressive Waste Solutions (NYSE:BIN) from $29.00 to $31.00 in a research note issued to investors on Tuesday. The firm currently has an “outperform” rating on the stock. RBC Capital’s target price suggests a potential upside of 25.25% from the stock’s previous close.

Progressive Waste Solutions (NYSE:BIN) opened at 25.18 on Tuesday. Progressive Waste Solutions has a 1-year low of $20.42 and a 1-year high of $27.18. The stock’s 50-day moving average is $24.98 and its 200-day moving average is $24.. The company has a market cap of $2.890 billion and a price-to-earnings ratio of 24.81.

Progressive Waste Solutions (NYSE:BIN) last released its earnings data on Monday, April 28th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.01. Analysts expect that Progressive Waste Solutions will post $1.09 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.42%. The ex-dividend date is Thursday, June 26th.

A number of other analysts have also recently weighed in on BIN. Analysts at Wedbush upgraded shares of Progressive Waste Solutions from a “neutral” rating to an “outperform” rating in a research note on Monday. They now have a $30.00 price target on the stock, up previously from $26.00. Separately, analysts at TD Securities raised their price target on shares of Progressive Waste Solutions from $28.00 to $29.00 in a research note on Monday, April 28th. Finally, analysts at Canaccord Genuity raised their price target on shares of Progressive Waste Solutions from $27.50 to $28.00 in a research note on Monday, April 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $28.46.

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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