Scotiabank Initiates Coverage of Waste Management (LSE:0LTG) with Sector Perform Recommendation

Fintel reports that on October 4, 2024, Scotiabank initiated coverage of Waste Management (LSE:0LTG) with a Sector Perform recommendation.

Analyst Price Forecast Suggests 10.34% Upside

As of September 25, 2024, the average one-year price target for Waste Management is 230.20 GBX/share. The forecasts range from a low of 205.89 GBX to a high of 263.36 GBX. The average price target represents an increase of 10.34% from its latest reported closing price of 208.63 GBX / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Waste Management is 22,409MM, an increase of 6.83%. The projected annual non-GAAP EPS is 6.90.

What is the Fund Sentiment?

There are 2,871 funds or institutions reporting positions in Waste Management. This is an increase of 83 owner(s) or 2.98% in the last quarter. Average portfolio weight of all funds dedicated to 0LTG is 0.39%, an increase of 7.26%. Total shares owned by institutions increased in the last three months by 2.24% to 354,183K shares.

What are Other Shareholders Doing?

GB:0LTG / Waste Management, Inc. Shares Held by Institutions

Bill & Melinda Gates Foundation Trust holds 35,234K shares representing 8.78% ownership of the company. No change in the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 12,656K shares representing 3.15% ownership of the company. In its prior filing, the firm reported owning 12,600K shares , representing an increase of 0.44%. The firm decreased its portfolio allocation in 0LTG by 2.24% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 9,367K shares representing 2.33% ownership of the company. In its prior filing, the firm reported owning 9,237K shares , representing an increase of 1.40%. The firm decreased its portfolio allocation in 0LTG by 3.91% over the last quarter.

Geode Capital Management holds 7,977K shares representing 1.99% ownership of the company. In its prior filing, the firm reported owning 7,812K shares , representing an increase of 2.08%. The firm decreased its portfolio allocation in 0LTG by 49.35% over the last quarter.

Norges Bank holds 4,854K shares representing 1.21% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.