Analyst Expectations for GFL Environmental's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 Wall Street analysts have provided ratings for GFL Environmental (NYSE:GFL), with 1 bullish, 4 somewhat bullish, and 1 indifferent. The average price target is $40.17, representing an implied upside from the current price of $28.65. This target is a 16.31% decrease from the previous target of $48.00. Analysts use various methods, including company data and insider conversations, to predict stock performance.
November 27, 2023 | 3:00 pm
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POSITIVE IMPACT
Analysts have set an average price target of $40.17 for GFL Environmental, indicating a potential upside from the current price of $28.65. The target has decreased by 16.31% from the previous $48.00.
The average price target provided by analysts suggests a bullish sentiment towards GFL Environmental's stock in the short term. However, the decrease in the target price from $48.00 to $40.17 may indicate a tempered expectation of growth, which could lead to mixed reactions in the market. The confidence in the impact is relatively high due to the direct correlation between analyst ratings and stock price movements, but it is not at the maximum because market conditions and other unforeseen factors can affect stock performance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100