07:21:05 EDT Wed 12 Mar 2025
Enter Symbol
or Name
USA
CA



GFL Environmental Inc
Symbol GFL
Shares Issued 381,570,096
Close 2024-11-08 C$ 62.80
Market Cap C$ 23,962,602,029
Recent Sedar Documents

Globe says GFL Environmental kept at "outperform"

2024-11-08 06:37 ET - In the News

The Globe and Mail reports in its Friday, Nov. 8, edition that RBC Capital analyst Sabahat Khan continues to rate GFL Environmental "outperform." The Globe's David Leeder writes that Mr. Khan gave his share target a $4 boost to $52. Analysts on average target the shares at $61.70. Mr. Khan says in a note: "GFL Environmental Inc. reported Q3 results that were in line with consensus (solid waste business continues to perform well) and reiterated its 2024 guidance. With results checking all the boxes, investor focus today was on the company's commentary regarding the environmental services auction process (proceeds from the sale expected to be a minimum of $6-billion after taxes). Overall, we remain constructive on GFL shares given strong underlying results, the potential for a 'cleaner' story following the sale of the [environmental services] business, and a valuation that is still at a discount to peers." The Globe reported on Aug. 2 that Mr. Khan was sticking with his "outperform" recommendation for GFL Environmental. The shares could then be had for $55.49. The Globe reported on Oct. 4 that Scotia Capital analyst Konark Gupta had reaffirmed his "sector outperform" recommendation for GFL. It was then worth $55.17.

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