Waste Management (WM) Gets a Hold Rating from Morgan Stanley

In a report released today, Toni Kaplan from Morgan Stanley maintained a Hold rating on Waste Management (WMResearch Report), with a price target of $175.00. The company’s shares closed last Thursday at $164.06.

According to TipRanks.com, Kaplan is a 2-star analyst with an average return of -0.3% and a 50.0% success rate. Kaplan covers the Services sector, focusing on stocks such as Terminix Global Holdings, Advantage Solutions, and Waste Connections.

Currently, the analyst consensus on Waste Management is a Moderate Buy with an average price target of $171.44, representing a 7.1% upside. In a report issued on July 19, RBC Capital also maintained a Hold rating on the stock with a $162.00 price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $170.18 and a one-year low of $138.58. Currently, Waste Management has an average volume of 1.65M.

Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WM in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Read More on WM:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More