RBC Capital Remains a Buy on Waste Connections (WCN)

In a report released on April 15, Sabahat Khan from RBC Capital maintained a Buy rating on Waste Connections, with a price target of $210.00. The company’s shares closed yesterday at C$219.56.

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Khan covers the Industrials sector, focusing on stocks such as Republic Services, Waste Connections, and Waste Management. According to TipRanks, Khan has an average return of 7.5% and a 51.70% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Waste Connections with a $202.33 average price target, implying a -7.85% downside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $206.00 price target.

WCN market cap is currently C$56.14B and has a P/E ratio of 41.90.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WCN in relation to earlier this year. Last month, DEREK TAN, the SR VP Chief Accounting Officer of WCN sold 1,173.00 shares for a total of $200,618.19.