Stifel analyst Ian Gillies initiated coverage of Secure Waste (SECYF) with a Buy rating and C$18 price target The firm says the company has financial flexibility, with a recent historical track record of shrinking the share count. The potential for a valuation re-rate “creates a source of material upside,” the analyst tells investors in a research note.
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Read More on SECYF:
- Secure Energy Services Concludes Substantial Issuer Bid
- Secure Energy Services Announces $136 Million Share Buyback
- SECURE Expands and Extends Credit Facility to Bolster Growth
- Secure Waste price target lowered to C$15 from C$17 at RBC Capital
- Secure Waste price target raised to C$15.75 from C$15.25 at CIBC
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