Waste Management (NYSE:WM) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.23 by 13 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Oppenheimer initiates coverage on Waste Management (NYSE:WM).The analysts at the brokerage house have a current rating of Outperform on the shares. The rating by the firm was issued on May 5, 2016.
Waste Management (NYSE:WM): According to 7 Analysts, The short term target price has been estimated at $ 64.14.The target price could deviate by a maximum of $2.79 from the forecast price. In the near term, the target price could hit a high of $67 and a low of $ 60.
Waste Management (NYSE:WM) rose 0.26% or 0.16 points on Tuesday and made its way into the gainers of the day. After trading began at $62.92 the stock was seen hitting $63.01 as a peak level and $62.6 as the lowest level. The stock ended up at $62.73. The daily volume was measured at 1,208,100 shares. The 52-week high of the share price is $63.485 and the 52-week low is $45.86. The company has a market cap of $27,869 million.
Waste Management, Inc. has dropped 0.4% in the last five trading days, however, the shares have posted positive gains of 3.99% in the last 4 weeks. Waste Management, Inc. is up 8.03% in the last 3-month period. Year-to-Date the stock performance stands at 19.19%.
Waste Management, Inc. is a holding company. The Company, through its subsidiaries, provides waste management environmental services. The Companys Solid Waste business is operated and managed locally by its subsidiaries that focus on geographic areas and provides collection, transfer, recycling and resource recovery, and disposal services. The Company develops, operates and owns landfill gas-to-energy facilities in the United States. The Companys segments include Tier 1, which comprises areas in the Southern United States; Tier 2, which comprises areas located in the Midwest and Northeast United States, and Tier 3, which encompasses the remaining areas, including the Northwest and Mid-Atlantic regions of the United States and Eastern Canada. The Company owns or operates 252 landfill sites. It manages 298 transfer stations that consolidate, compact and transport waste.