Scotiabank analyst Konark Gupta raised the firm’s price target on GFL Environmental (GFL) to $56 from $54 and keeps an Outperform rating on the shares. The firm is updating its price target on the stock after Q1 results topped expectations, the analyst tells investors. The positive view on the stock reflects expected marketing and acquisition acceleration, fast improvement in margin and free-cash flow conversion, and investment-grade credit rating, the firm adds.
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Read More on GFL:
- GFL Environmental Reports Record Growth and Strategic Success
- GFL Environmental Reports Strong Q1 2025 Financial Turnaround
- GFL Environmental price target raised to $57 from $56 at Raymond James
- GFL Environmental Inc. Reports Strong Q1 2025 Results
- GFL Environmental reports Q1 cont-op EPS (58c), consensus 4c