Secure Waste price target raised to C$21 from C$18 at Scotiabank

Scotiabank raised the firm’s price target on Secure Waste (SECYF) to C$21 from C$18 and keeps an Outperform rating on the shares. The firm maintains a favorable long-term view on the Waste and Environmental Services sector given its pricing power, marketing and acquisition momentum, upside in free-cash-flow conversion, and shareholder-friendly capital discipline, the analyst tells investors. Additionally, the firm continues to see compelling opportunities in the company.