Raymond James analyst Patrick Tyler Brown has announced a revision in the price target for Waste Management (WM, Financial), raising it from $255.00 to $256.00 USD. The adjustment marks a slight increase of 0.39% in the projected share value. Despite the modest change in the price target, Raymond James continues to uphold its 'Outperform' rating for Waste Management (WM), consistent with their previous assessment.
The recent update on the stock from Raymond James highlights an ongoing confidence in the company's performance, even as the target price experiences a minor upward shift. Waste Management (WM, Financial) continues to attract attention from investors, with the latest analyst report reinforcing its potential for positive returns.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Waste Management Inc (WM, Financial) is $250.74 with a high estimate of $272.00 and a low estimate of $196.11. The average target implies an upside of 10.93% from the current price of $226.03. More detailed estimate data can be found on the Waste Management Inc (WM) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Waste Management Inc's (WM, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Waste Management Inc (WM, Financial) in one year is $239.87, suggesting a upside of 6.12% from the current price of $226.03. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Waste Management Inc (WM) Summary page.
