KeyBanc Maintains Their Buy Rating on Waste Management

By Jason Carr

KeyBanc analyst Joe Box maintained a Buy rating on Waste Management (NYSE: WM) today and set a price target of $84. The company’s shares closed yesterday at $76.92, close to its 52-week high of $79.28.

According to, Box is a 5-star analyst with an average return of 17.5% and a 75.6% success rate. Box covers the Basic Materials sector, focusing on stocks such as Waste Connections Inc, Republic Services, and Casella Waste.

Currently, the analyst consensus on Waste Management is Strong Buy and the average price target is $82.75, representing a 7.6% upside.

In a report released today, BMO Capital also reiterated a Buy rating on the stock with a $85 price target.

The company has a one-year high of $79.28 and a one-year low of $61.59. Currently, Waste Management has an average volume of 1.73M.

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Waste Management, Inc. engages in provision of waste management environmental services. It operates through the following business segments: Tier 1. Tier 2 and Tier 3. The Tier 1 segment comprises exclusively of areas in the Southern United States. The Tier 2 segment comprises predominately of areas located in the Midwest and Northeast United States.