Recent reports highlight adjustments in the price targets for GFL Environmental by several financial analysts, reflecting ongoing market assessments. Notably, Jefferies increased its price target to $55.00 in March 2025, maintaining a Buy rating. Similarly, UBS Group raised its target to $57.00 in April 2025, also upholding a Buy rating. Meanwhile, BMO Capital Markets set a target of $48.00 in February 2025, with a Market Perform rating.
These updates indicate a positive outlook from major financial institutions towards GFL Environmental's market potential, though each institution maintains its respective rating stance. Jefferies and UBS are clearly optimistic, suggesting strong growth potential with their Buy ratings, while BMO remains more conservative with a Market Perform rating.
Despite previous reports, JPMorgan did not downgrade GFL Environmental to a neutral rating. Instead, back in August 2024, JPMorgan increased its price target for the company to $48.00, sustaining an Overweight rating. This decision was influenced by expected solid growth in the solid waste segment, showcasing analysts’ varied perspectives on the company’s performance outlook.