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Scotiabank Sticks to Its Buy Rating for GFL Environmental (GFL)

Tipranks - Tipranks - Fri Feb 13, 7:14AM CST

Scotiabank analyst Konark Gupta maintained a Buy rating on GFL Environmental today and set a price target of $56.00.

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Gupta covers the Industrials sector, focusing on stocks such as Canadian National Railway, Canadian Pacific Kansas City, and Waste Management. According to TipRanks, Gupta has an average return of 16.3% and a 63.07% success rate on recommended stocks.

GFL Environmental has an analyst consensus of Strong Buy, with a price target consensus of $59.66.

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Based on GFL Environmental’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$1.69 billion and a net profit of C$114.3 million. In comparison, last year the company earned a revenue of C$2.01 billion and had a net profit of C$110.4 million

Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is neutral on the stock.

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