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Waste Connections ( (TSE:WCN) ) has issued an update.
Waste Connections announced its intention to offer senior notes in an underwritten public offering, with the proceeds aimed at repaying part of its revolving credit facility. This move is expected to strengthen the company’s financial position, potentially impacting its operational capabilities and market presence positively.
The most recent analyst rating on (TSE:WCN) stock is a Buy with a C$206.00 price target. To see the full list of analyst forecasts on Waste Connections stock, see the TSE:WCN Stock Forecast page.
Spark’s Take on TSE:WCN Stock
According to Spark, TipRanks’ AI Analyst, TSE:WCN is a Outperform.
Waste Connections demonstrates strong financial performance and positive earnings call insights, which are significant strengths. Despite a bearish technical outlook and high valuation, the company’s robust operational execution and strategic acquisitions provide a favorable position. Strong corporate governance further enhances the stock’s appeal.
To see Spark’s full report on TSE:WCN stock, click here.
More about Waste Connections
Waste Connections is an integrated solid waste services company offering non-hazardous waste collection, transfer, and disposal services, including recycling and renewable fuels generation. It serves approximately nine million customers in the U.S. and Canada, focusing on exclusive and secondary markets. The company also provides oilfield waste treatment and intermodal services, emphasizing Environmental, Social, and Governance (ESG) efforts for long-term value creation.
Average Trading Volume: 325,394
Technical Sentiment Signal: Buy
Current Market Cap: C$70.15B
See more data about WCN stock on TipRanks’ Stock Analysis page.