NYSE:CVA - Covanta Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $12.10
  • Forecasted Upside: -10.30 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$13.49
▼ -0.23 (-1.68%)
1 month | 3 months | 12 months
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Analyst Price Target for CVA

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$12.10
▼ -10.30% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Covanta in the last 3 months. The average price target is $12.10, with a high forecast of $16.00 and a low forecast of $7.00. The average price target represents a -10.30% upside from the last price of $13.49.
Buy
The current consensus among 6 polled investment analysts is to buy stock in Covanta. This rating changed within the last month from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/21/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
1/19/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/18/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/17/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
10/15/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/13/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/14/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/13/2021

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/22/2021Raymond JamesReiterated RatingHoldMedium
i
1/29/2021BarclaysBoost Price TargetOverweight$12.00 ➝ $16.00Low
i
12/24/2020Raymond JamesReiterated RatingHoldN/A
i
11/2/2020OppenheimerBoost Price TargetOutperform$12.00 ➝ $13.00High
i
Rating by Noah Kaye at Oppenheimer Holdings Inc.
11/2/2020BarclaysUpgradeEqual Weight ➝ Overweight$11.00 ➝ $12.00High
i
10/29/2020UBS GroupReiterated RatingMarket PerformHigh
i
8/3/2020Stifel NicolausUpgradeHold ➝ Buy$9.50 ➝ $11.50High
i
Rating by Michael Hoffman at Stifel Nicolaus
7/30/2020OppenheimerReiterated RatingBuy$10.00High
i
5/22/2020OppenheimerReiterated RatingBuy$10.00Low
i
5/13/2020UBS GroupUpgradeNeutral ➝ Buy$14.00 ➝ $13.00High
i
5/10/2020Stifel NicolausUpgradeSell ➝ Hold$9.50Medium
i
4/19/2020BMO Capital MarketsLower Price TargetOutperform ➝ Market Perform$7.00High
i
4/15/2020Stifel NicolausDowngradeBuy ➝ Sell$17.50 ➝ $6.50High
i
4/14/2020Stifel NicolausLower Price TargetBuy$20.00 ➝ $17.50Medium
i
4/7/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform$18.00 ➝ $8.00High
i
4/2/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$17.00 ➝ $10.00High
i
11/27/2019Jefferies Financial GroupInitiated CoverageHold$16.00N/A
i
11/21/2019Jefferies Financial GroupInitiated CoverageHold$16.00Low
i
10/29/2019BarclaysReiterated RatingHold$16.00High
i
10/22/2019Raymond JamesDowngradeStrong-Buy ➝ Market PerformHigh
i
4/29/2019MacquarieInitiated CoverageOutperform ➝ OutperformLow
i
4/4/2019UBS GroupBoost Price TargetNeutral ➝ Neutral$16.00 ➝ $17.00Low
i
3/19/2019BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$18.00 ➝ $19.00Low
i
2/4/2019The Goldman Sachs GroupUpgradeNeutral ➝ Buy$16.50 ➝ $19.00High
i
1/8/2019BMO Capital MarketsReiterated RatingBuy$18.00Medium
i
1/7/2019BarclaysInitiated CoverageEqual Weight$16.00Medium
i
10/29/2018Raymond JamesLower Price TargetStrong-Buy ➝ Strong-Buy$19.00 ➝ $17.00Medium
i
7/30/2018Raymond JamesBoost Price TargetStrong-Buy ➝ Strong-Buy$17.50 ➝ $19.00High
i
7/30/2018Credit Suisse GroupBoost Price TargetNeutral ➝ Neutral$16.00 ➝ $17.00High
i
7/27/2018BMO Capital MarketsReiterated RatingOutperform ➝ Buy$19.00 ➝ $20.00High
i
3/14/2018UBS GroupInitiated CoverageNeutral$15.00Medium
i
1/7/2018The Goldman Sachs GroupUpgradeSell ➝ Neutral$16.00High
i
Rating by Brian K. Lee at The Goldman Sachs Group, Inc.
12/19/2017OppenheimerReiterated RatingBuy$19.00Medium
i
Rating by Noah Kaye at Oppenheimer Holdings Inc.
11/1/2017Robert W. BairdReiterated RatingBuy$19.00N/A
i
10/30/2017BMO Capital MarketsBoost Price TargetOutperform$17.00 ➝ $20.00N/A
i
10/6/2017Robert W. BairdReiterated RatingBuy$17.00N/A
i
9/5/2017Stifel NicolausReiterated RatingBuy$17.00Low
i
9/1/2017Robert W. BairdReiterated RatingBuy$17.00Low
i
7/31/2017Stifel NicolausUpgradeHold ➝ Buy$15.50 ➝ $17.00High
i
7/31/2017BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$16.00 ➝ $17.00High
i
7/17/2017OppenheimerReiterated RatingBuyLow
i
Rating by Noah Kaye at Oppenheimer Holdings Inc.
7/12/2017BarclaysUpgradeEqual Weight ➝ Overweight$16.00 ➝ $15.00High
i
Rating by Jon Windham at Barclays PLC
6/29/2017BMO Capital MarketsInitiated CoverageMarket Perform$16.00Low
i
5/15/2017Robert W. BairdUpgradeNeutral ➝ Outperform$17.00High
i
3/14/2017WedbushReiterated RatingOutperform$21.00Low
i
3/3/2017The Goldman Sachs GroupInitiated CoverageSell ➝ Sell$12.50N/A
i
2/18/2017OppenheimerSet Price TargetBuy$20.00N/A
i
Rating by Noah Kaye at Oppenheimer Holdings Inc.
2/13/2017Stifel NicolausDowngradeBuy ➝ Hold$16.50N/A
i
2/3/2017OppenheimerReiterated RatingBuyN/A
i
Rating by Noah Kaye at Oppenheimer Holdings Inc.
11/7/2016BarclaysUpgradeEqual Weight ➝ Overweight$16.00N/A
i
9/23/2016OppenheimerReiterated RatingOutperform$20.00N/A
i
8/25/2016MacquarieInitiated CoverageNeutral$18.00N/A
i
8/9/2016BarclaysLower Price TargetEqual Weight$17.00 ➝ $16.00N/A
i
Rating by Gregg Orrill at Barclays PLC
7/28/2016Imperial CapitalLower Price TargetOutperform$18.50 ➝ $18.00N/A
i
Rating by Scott Levine at Imperial Capital
4/29/2016Robert W. BairdDowngradeOutperform ➝ Neutral$17.00N/A
i
4/28/2016Imperial CapitalReiterated RatingOutperform$17.00 ➝ $18.50N/A
i
Rating by Scott Levine at Imperial Capital
(Data available from 4/14/2016 forward)
Covanta logo
Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and internationally. It owns and operates infrastructure for the conversion of waste to energy (WtE), as well as engages in related waste transport and disposal, and other renewable energy generation businesses. The company disposes waste and generates electricity and/or steam; sells ferrous and non-ferrous metal recovered during the WtE process; and offers waste management solutions, such as site clean-up, wastewater treatment, pharmaceutical and healthcare solutions, reverse distribution, transportation and logistics, recycling, and depackaging. As of December 31, 2020, it owned and operated 41 WtE operations, 13 transfer stations, 20 material processing facilities, 4 landfills, 2 wood waste energy projects, 1 regional metals recycling facility, and 1 ash processing facility. The company was formerly known as Danielson Holding Corporation and changed its name to Covanta Holding Corporation in September 2005. Covanta Holding Corporation was founded in 1986 and is headquartered in Morristown, New Jersey.
Read More

Today's Range

Now: $13.49
$13.42
$13.67

50 Day Range

MA: $14.16
$13.40
$15.09

52 Week Range

Now: $13.49
$6.57
$15.56

Volume

365,290 shs

Average Volume

942,485 shs

Market Capitalization

$1.78 billion

P/E Ratio

N/A

Dividend Yield

2.31%

Beta

1.48

Frequently Asked Questions

What sell-side analysts currently cover shares of Covanta?

The following Wall Street research analysts have issued reports on Covanta in the last twelve months: Barclays PLC, BMO Capital Markets, Oppenheimer Holdings Inc., Raymond James, Stifel Nicolaus, UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for CVA.

What is the current price target for Covanta?

5 Wall Street analysts have set twelve-month price targets for Covanta in the last year. Their average twelve-month price target is $12.10, suggesting a possible downside of 10.3%. Barclays PLC has the highest price target set, predicting CVA will reach $16.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $7.00 for Covanta in the next year.
View the latest price targets for CVA.

What is the current consensus analyst rating for Covanta?

Covanta currently has 3 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CVA will outperform the market and that investors should add to their positions of Covanta.
View the latest ratings for CVA.

What other companies compete with Covanta?

How do I contact Covanta's investor relations team?

Covanta's physical mailing address is 445 South Street, Morristown NJ, 07960. The energy company's listed phone number is 862-345-5000 and its investor relations email address is [email protected] The official website for Covanta is www.covanta.com.