UBS has raised its price target for Casella Waste Systems (CWST, Financial) from $130 to $135, maintaining a Buy rating for the stock. The decision comes from analyst Jon Windham, who sees the Municipal Solid Waste sector as particularly attractive in the current market climate.
The analyst highlights the industry's robust earnings resilience and inherently defensive business models as key factors that make companies like Casella appealing amid ongoing market uncertainties. This strategic positioning enables these firms to perform steadily, even when broader market conditions are volatile.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for Casella Waste Systems Inc (CWST, Financial) is $116.74 with a high estimate of $130.00 and a low estimate of $96.64. The average target implies an upside of 2.40% from the current price of $114.00. More detailed estimate data can be found on the Casella Waste Systems Inc (CWST) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Casella Waste Systems Inc's (CWST, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Casella Waste Systems Inc (CWST, Financial) in one year is $117.64, suggesting a upside of 3.19% from the current price of $114. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Casella Waste Systems Inc (CWST) Summary page.
