Stericycle (SRCL) has an average broker rating of 2.67, which is interpreted as a Hold, as rated by 12 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Stericycle (SRCL) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $158 and the lowest price target forecast is $80. The average forecast of all the analysts is $107.28 and the expected standard deviation is $24.52.
Also, Equity Analysts at the Brokerage Firm, Jefferies, maintains their rating on the shares of Stericycle (NASDAQ:SRCL). Jefferies has a Buy rating on the shares. As per the latest research report, the brokerage house lowers the price target to $112.5 per share from a prior target of $125. The rating by the firm was issued on September 7, 2016.
Stericycle (NASDAQ:SRCL): After opening at $81.19, the stock dipped to an intraday low of $81.02 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $81.96 and the buying power remained strong till the end. The stock closed at $81.76 for the day, a gain of 0.20% for the day session. The total traded volume was 660,732. The stocks close on the previous trading day was $81.6.
Stericycle, Inc. is engaged in the business of providing regulated and compliance solutions to healthcare and commercial businesses. The Companys solutions include the collection and processing of specialized waste for disposal, and a variety of training, consulting, recall/return, communication, and compliance services, which include training, consulting, inbound/outbound communications, data reporting, and other regulatory compliance services. The Company operates regulated waste management networks in the United States, Argentina, Brazil, Canada, Chile, Ireland, Japan, Mexico, Portugal, Romania, South Korea, Spain, and the United Kingdom. The Company operates through two segments: United States and International. The Companys networks include a total of 181 processing facilities, 214 transfer sites, and 97 other service facilities. Its regulated waste processing technology is primarily autoclaving. The Company also uses incineration and electro-thermal-deactivation system (ETD).