Watching GFL Environmental; Traders Circulate P/E And Sovereign-Wealth Funds Continue To Target The Co In A Possible Deal In The $44-$46/ Share Range
Portfolio Pulse from Benzinga Newsdesk
GFL Environmental is being closely watched by traders as its P/E ratio is circulated and sovereign-wealth funds continue to target the company for a possible deal in the $44-$46 per share range.
July 15, 2024 | 1:39 pm
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GFL Environmental is being targeted by sovereign-wealth funds for a potential deal in the $44-$46 per share range, which has caught the attention of traders circulating its P/E ratio.
The potential acquisition by sovereign-wealth funds at a premium price range ($44-$46 per share) is likely to drive up GFL's stock price in the short term. The attention from traders on its P/E ratio further adds to the positive sentiment.
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