Stericycle (SRCL) Receives Price Target

Stericycle (SRCL) : 8 investment research analysts covering Stericycle (SRCL) have an average price target of $112.69 for the near short term. The highest target price given by the Brokerage Firm to the stock is $158 and the lowest target is $94 for the short term. Analysts expect the variance to be within $23.94 of the average price.

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.


Also, Macquarie initiates coverage on Stericycle (NASDAQ:SRCL) . The global brokerage major announces a current price target of $96 per share. Analysts at the Macquarie have a current rating of Neutral on the shares. The rating by the firm was issued on August 25, 2016.

Stericycle (NASDAQ:SRCL): The stock opened at $86.03 on Thursday but the bulls could not build on the opening and the stock topped out at $86.03 for the day. The stock traded down to $84.60 during the day, due to lack of any buying support eventually closed down at $85.36 with a loss of -0.72% for the day. The stock had closed at $85.98 on the previous day. The total traded volume was 1,119,749 shares.

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).

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