RBC Capital analyst Walter Spracklin maintained a Hold rating on Waste Management (NYSE:WM) on Monday, setting a price target of $122, which is approximately 8.91% below the present share price of $133.93.
Spracklin expects Waste Management to post earnings per share (EPS) of $1.04 for the second quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Waste Management, with an average price target of $134.3.
The analysts price targets range from a high of $149 to a low of $119.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $4.07 billion and a net profit of $621 million. The company's market cap is $56.52 billion.
According to TipRanks.com, RBC Capital analyst Walter Spracklin is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.3% and a 72.38% success rate.
Headquartered in Texas and founded in 1987, Waste Management, Inc. provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It provides services that range from collection and disposal to recycling and renewable energy generation.