Casella Waste Receives a Hold from Stifel Nicolaus

By Austin Angelo

Stifel Nicolaus analyst Michael Hoffman reiterated a Hold rating on Casella Waste (NASDAQ: CWST) today and set a price target of $22. The company’s shares opened today at $22.52, close to its 52-week high of $23.29.

According to, Hoffman is a 4-star analyst with an average return of 8.1% and a 63.7% success rate. Hoffman covers the Basic Materials sector, focusing on stocks such as Advanced Disposal Services Inc, Greenhunter Energy Inc, and Heritage-Crystal Clean.

Casella Waste has an analyst consensus of Moderate Buy, with a price target consensus of $22.50.

The company has a one-year high of $23.29 and a one-year low of $11.15. Currently, Casella Waste has an average volume of 293.1K.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. Most recently, in November 2017, Edmond Coletta, the SVP & CFO of CWST sold 13,000 shares for a total of $254,800.

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Casella Waste Systems, Inc. engages as a solid waste services company. It provides resource management expertise and services to residential, commercial, municipal and industrial customers, primarily in the areas of solid waste collection, transfer, disposal, recycling and organics services.