Waste Management Stock Price Target and Analyst Ratings (NYSE:WM)

Analyst Price Target for WM

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.

^$117.07

▲ +1.48% Upside Potential

This price target is based on 15 analysts offering 12 month price targets for Waste Management in the last 3 months. The average price target is $117.07, with a high forecast of $131.00 and a low forecast of $99.00. The average price target represents a 1.48% upside from the last price of $115.36.

Hold

The current consensus among 15 contributing investment analysts is to hold stock in Waste Management. This rating has held steady since September 2019, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
8 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

8/1/2019

0 strong buy ratings
8 buy ratings
3 hold ratings
2 sell ratings

Ratings as of

10/30/2019

0 strong buy ratings
8 buy ratings
4 hold ratings
2 sell ratings

Ratings as of

1/28/2020

0 strong buy ratings
9 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

4/27/2020

0 strong buy ratings
9 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

7/26/2020

0 strong buy ratings
8 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

10/24/2020

0 strong buy ratings
8 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

12/23/2020

0 strong buy ratings
8 buy ratings
5 hold ratings
2 sell ratings

Ratings as of

1/22/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
1/7/2021	Raymond James	Boost Price Target	Reduce ➝ Outperform	$120.00 ➝ $131.00	N/A	i
1/6/2021	Morgan Stanley	Boost Price Target	Equal Weight	$121.00 ➝ $122.00	N/A	i
11/15/2020	Royal Bank of Canada	Reiterated Rating	Hold ➝ Neutral		Low	i
11/4/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$111.00 ➝ $119.00	Medium	i
11/3/2020	Morgan Stanley	Boost Price Target	Equal Weight	$119.00 ➝ $121.00	High	i
11/3/2020	Oppenheimer	Boost Price Target	Outperform	$123.00 ➝ $128.00	High	i Rating by Noah Kaye at Oppenheimer Holdings Inc.
11/3/2020	Raymond James	Boost Price Target	Outperform	$114.00 ➝ $120.00	High	i
11/3/2020	CIBC	Boost Price Target	Neutral	$117.00 ➝ $120.00	High	i Rating by Kevin Chiang at CIBC
10/27/2020	Bank of America	Downgrade	Neutral ➝ Underperform	$116.00	High	i
10/13/2020	Morgan Stanley	Initiated Coverage	Equal Weight	$119.00	Medium	i
9/23/2020	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$99.00	Medium	i
8/24/2020	Argus	Boost Price Target	Buy	$110.00 ➝ $122.00	Low	i
7/31/2020	BMO Capital Markets	Boost Price Target	Outperform	$111.00 ➝ $120.00	Low	i
7/30/2020	Oppenheimer	Reiterated Rating	Buy	$117.00	Low	i Rating by Noah Kaye at Oppenheimer Holdings Inc.
7/29/2020	Raymond James	Boost Price Target	Outperform	$110.00 ➝ $114.00	Medium	i
7/14/2020	CIBC	Downgrade	Sector Outperform ➝ Neutral		Low	i
7/9/2020	Stifel Nicolaus	Reiterated Rating	Buy	$115.00	Low	i Rating by Michael Hoffman at Stifel Nicolaus
6/24/2020	Oppenheimer	Initiated Coverage	Buy	$117.00	Medium	i Rating by Noah Kaye at Oppenheimer Holdings Inc.
6/24/2020	Stifel Nicolaus	Reiterated Rating	Buy	$115.00	Medium	i Rating by Michael Hoffman at Stifel Nicolaus
6/2/2020	Stifel Nicolaus	Reiterated Rating	Buy	$115.00	Medium	i Rating by Michael Hoffman at Stifel Nicolaus
5/28/2020	Robert W. Baird	Initiated Coverage	Outperform	$115.00	Low	i
5/15/2020	Argus	Lower Price Target	Buy	$135.00 ➝ $110.00	Low	i
5/11/2020	Stifel Nicolaus	Boost Price Target	Buy	$110.00 ➝ $115.00	Low	i
5/4/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Hold	$132.00 ➝ $104.00	Medium	i
4/27/2020	Oppenheimer	Lower Price Target	Outperform	$145.00 ➝ $117.00	Medium	i Rating by Noah Kaye at Oppenheimer Holdings Inc.
4/19/2020	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform		Medium	i
4/9/2020	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$138.00 ➝ $99.00	High	i
4/8/2020	UBS Group	Lower Price Target	Buy	$131.00 ➝ $118.00	High	i
3/31/2020	BMO Capital Markets	Lower Price Target		$132.00 ➝ $111.00	Low	i
3/13/2020	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$115.00	High	i
3/11/2020	UBS Group	Lower Price Target	Buy	$132.00 ➝ $131.00	Medium	i
3/4/2020	UBS Group	Upgrade	Neutral ➝ Buy	$116.00 ➝ $132.00	High	i
2/28/2020	Benchmark	Upgrade	Market Perform ➝ Outperform		High	i
2/28/2020	Oppenheimer	Upgrade	Market Perform ➝ Outperform	$145.00	High	i
2/18/2020	JPMorgan Chase & Co.	Boost Price Target	Neutral	$115.00 ➝ $124.00	Low	i
2/14/2020	Royal Bank of Canada	Reiterated Rating	Outperform	$138.00	Low	i
2/14/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$123.00 ➝ $132.00	Low	i
2/3/2020	BMO Capital Markets	Boost Price Target	Outperform	$129.00 ➝ $132.00	Low	i
1/17/2020	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Hold	$123.00	Low	i
12/17/2019	CIBC	Initiated Coverage	Outperform	$130.00	Low	i
11/27/2019	Jefferies Financial Group	Initiated Coverage	Hold	$120.00	N/A	i
11/21/2019	Jefferies Financial Group	Initiated Coverage	Hold	$120.00 ➝ $120.00	Low	i
10/21/2019	Stifel Nicolaus	Set Price Target	Buy	$125.00	Low	i Rating by Michael Hoffman at Stifel Nicolaus
10/18/2019	Bank of America	Downgrade	Buy ➝ Neutral		High	i
9/4/2019	Macquarie	Reiterated Rating	Outperform	$130.00	Low	i
8/7/2019	JPMorgan Chase & Co.	Initiated Coverage	Neutral ➝ Neutral	$120.00	Low	i
7/26/2019	Raymond James	Set Price Target	Buy	$127.00	Low	i Rating by Patrick Brown at Raymond James
7/26/2019	Royal Bank of Canada	Set Price Target	Buy	$126.00	Low	i Rating by Derek Spronck at Royal Bank of Canada
7/22/2019	Scotiabank	Initiated Coverage	Outperform		Low	i
7/18/2019	CIBC	Reiterated Rating	Outperform ➝ Market Perform		Low	i
7/18/2019	Oppenheimer	Reiterated Rating	Outperform ➝ Market Perform		Low	i
7/8/2019	Stifel Nicolaus	Boost Price Target	Buy	$120.00 ➝ $125.00	Low	i
6/3/2019	Stifel Nicolaus	Boost Price Target	Buy	$115.00 ➝ $120.00	Low	i
6/3/2019	KeyCorp	Boost Price Target	Overweight	$112.00 ➝ $120.00	Medium	i
6/3/2019	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$113.00 ➝ $125.00	Medium	i
5/1/2019	Royal Bank of Canada	Initiated Coverage	Sector Perform ➝ Sector Perform	$113.00	Low	i
4/26/2019	Oppenheimer	Boost Price Target	Outperform	$108.00 ➝ $115.00	Low	i
4/26/2019	Argus	Boost Price Target	Buy ➝ Buy	$110.00 ➝ $115.00	Low	i
4/15/2019	Stifel Nicolaus	Upgrade	Hold ➝ Buy		Low	i
4/11/2019	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$103.00	Medium	i
4/4/2019	UBS Group	Downgrade	Buy ➝ Neutral	$103.00 ➝ $106.00	High	i Rating by Jon Windham at UBS Group AG
2/15/2019	Oppenheimer	Boost Price Target	Outperform	$95.00 ➝ $108.00	N/A	i Rating by Noah Kaye at Oppenheimer Holdings Inc.
2/4/2019	KeyCorp	Initiated Coverage	Overweight ➝ Overweight	$96.00	Medium	i
1/10/2019	UBS Group	Upgrade	Neutral ➝ Buy	$90.00 ➝ $103.00	Medium	i Rating by Jon Windham at UBS Group AG
12/4/2018	The Goldman Sachs Group	Upgrade	Sell ➝ Buy	$84.00 ➝ $107.00	High	i Rating by Brian Maguire at The Goldman Sachs Group, Inc.
10/29/2018	Raymond James	Reiterated Rating	Buy		Low	i
10/26/2018	UBS Group	Set Price Target	Hold	$90.00	Medium	i Rating by Jon Windham at UBS Group AG
10/25/2018	Oppenheimer	Reiterated Rating	Buy	$95.00	Low	i Rating by Noah Kaye at Oppenheimer Holdings Inc.
10/8/2018	BMO Capital Markets	Boost Price Target	Positive ➝ Overweight	$98.00	Low	i
7/26/2018	BMO Capital Markets	Reiterated Rating	Buy	$93.00	Low	i
4/20/2018	BMO Capital Markets	Lower Price Target	Positive ➝ Outperform	$97.00 ➝ $90.00	Low	i
3/14/2018	UBS Group	Initiated Coverage	Neutral	$93.00	Low	i
2/16/2018	Raymond James	Upgrade	Market Perform ➝ Outperform	$95.00	Low	i
2/16/2018	UBS Group	Upgrade	Market Perform ➝ Outperform		Low	i
1/4/2018	Stifel Nicolaus	Reiterated Rating	Buy	$100.00	Low	i
1/3/2018	Macquarie	Upgrade	Neutral ➝ Outperform		Medium	i
12/11/2017	Stifel Nicolaus	Upgrade	Hold ➝ Buy	$80.00 ➝ $95.00	Low	i
10/30/2017	Credit Suisse Group	Set Price Target	Buy	$85.00 ➝ $90.00	N/A	i
10/27/2017	Oppenheimer	Boost Price Target	Outperform	$82.00 ➝ $87.00	N/A	i
10/27/2017	BMO Capital Markets	Boost Price Target	Outperform	$82.00 ➝ $86.00	N/A	i
10/27/2017	KeyCorp	Reiterated Rating	Buy	$88.00	N/A	i
10/13/2017	BMO Capital Markets	Reiterated Rating	Buy	$85.00	N/A	i
10/13/2017	KeyCorp	Boost Price Target	Overweight	$80.00 ➝ $84.00	N/A	i
10/5/2017	Bank of America	Lower Price Target	Buy	$85.00 ➝ $83.00	N/A	i
10/4/2017	Stifel Nicolaus	Downgrade	Buy ➝ Hold	$85.00 ➝ $80.00	High	i
9/8/2017	BMO Capital Markets	Reiterated Rating	Buy	$82.00	Low	i
7/18/2017	Stifel Nicolaus	Boost Price Target	Buy ➝ Buy	$80.00 ➝ $85.00	Low	i
7/5/2017	Oppenheimer	Boost Price Target	Outperform	$77.00 ➝ $82.00	Low	i Rating by Noah Kaye at Oppenheimer Holdings Inc.
6/29/2017	BMO Capital Markets	Initiated Coverage	Outperform	$81.00	Low	i
6/28/2017	Credit Suisse Group	Boost Price Target	Outperform	$80.00 ➝ $85.00	Low	i
5/11/2017	KeyCorp	Boost Price Target	Overweight	$50.00 ➝ $65.00	Low	i
3/1/2017	Barclays	Downgrade	Overweight ➝ Equal Weight	$70.00 ➝ $73.00	N/A	i
2/21/2017	Wedbush	Boost Price Target	Neutral ➝ Neutral	$72.00 ➝ $75.00	N/A	i Rating by A. Kaschalk at Wedbush
2/18/2017	Oppenheimer	Set Price Target	Buy	$72.00 ➝ $75.00	N/A	i Rating by Noah Kaye at Oppenheimer Holdings Inc.
11/7/2016	Barclays	Upgrade	Equal Weight ➝ Overweight	$63.37 ➝ $70.00	N/A	i Rating by jon windham at Barclays PLC
11/1/2016	The Goldman Sachs Group	Initiated Coverage	Sell	$63.00	N/A	i
10/31/2016	Bank of America	Upgrade	Neutral ➝ Buy	$72.00	N/A	i
10/13/2016	Wedbush	Downgrade	Outperform ➝ Neutral	$73.00 ➝ $68.00	N/A	i Rating by Al Kaschalk at Wedbush
8/25/2016	Macquarie	Initiated Coverage	Outperform ➝ Neutral	$69.00	N/A	i
8/10/2016	Argus	Reiterated Rating	Buy	$72.00	N/A	i
8/9/2016	KeyCorp	Upgrade	Sector Weight ➝ Overweight	$74.00	N/A	i
8/9/2016	Barclays	Downgrade	Overweight ➝ Equal Weight	$66.00 ➝ $70.00	N/A	i Rating by Jon Windham at Barclays PLC
7/29/2016	Imperial Capital	Boost Price Target	In ➝ In-Line	$62.00 ➝ $71.00	N/A	i Rating by Scott Levine at Imperial Capital
7/28/2016	Wedbush	Reiterated Rating	Outperform	$73.00	N/A	i Rating by Al Kaschalk at Wedbush
7/18/2016	Stifel Nicolaus	Reiterated Rating	Buy	$70.00 ➝ $75.00	N/A	i
7/14/2016	KeyCorp	Reiterated Rating	Hold		N/A	i
6/27/2016	Stifel Nicolaus	Upgrade	Market Weight ➝ Overweight		N/A	i
5/4/2016	Oppenheimer	Initiated Coverage	Outperform	$67.00	N/A	i
4/30/2016	Wedbush	Reiterated Rating	Buy		N/A	i Rating by Al Kaschalk at Wedbush
4/29/2016	Wedbush	Boost Price Target	Outperform	$60.00 ➝ $62.00	N/A	i Rating by Al Kaschalk at Wedbush
4/29/2016	Imperial Capital	Boost Price Target	In ➝ In-Line	$60.00 ➝ $62.00	N/A	i Rating by Scott Levine at Imperial Capital
4/25/2016	Bank of America	Initiated Coverage	Neutral	$60.00	N/A	i
3/22/2016	Sterne Agee CRT	Initiated Coverage	Neutral	$60.00	N/A	i
2/23/2016	Barclays	Boost Price Target	Overweight	$58.00 ➝ $60.00	N/A	i Rating by Jon Windham at Barclays PLC
2/23/2016	Argus	Boost Price Target	Buy	$62.00 ➝ $64.00	N/A	i
2/22/2016	Wedbush	Boost Price Target	Outperform	$58.00 ➝ $60.00	N/A	i
2/19/2016	Imperial Capital	Reiterated Rating	In-Line	$58.00 ➝ $60.00	N/A	i Rating by Scott Levine at Imperial Capital

(Data available from 1/22/2016 forward)

Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2019, the company owned or operated 244 solid waste landfills; 5 secure hazardous waste landfills; 103 MRFs; and 302 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. Further, it offers fluorescent bulb and universal waste mail-back services through LampTracker program; portable restroom services under the Port-o-Let name; and street and parking lot sweeping services, as well as holds interests in oil and gas producing properties. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is based in Houston, Texas.

Today's Range

Now: $115.36

$113.82

$115.80

50 Day Range

MA: $116.59

$114.58

$118.60

52 Week Range

Now: $115.36

$85.34

$126.79

Volume

1,918,027 shs

Average Volume

1,825,247 shs

Market Capitalization

$48.75 billion

P/E Ratio

30.52

Dividend Yield

1.90%

Beta

0.72

Frequently Asked Questions

What sell-side analysts currently cover shares of Waste Management?

The following Wall Street analysts have issued stock ratings on Waste Management in the last twelve months: Argus, Bank of America Co., Benchmark Co., BMO Capital Markets, CIBC, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer Holdings Inc., Raymond James, Robert W. Baird, Royal Bank of Canada, Stifel Nicolaus, The Goldman Sachs Group, Inc., and UBS Group AG.

What is the current price target for Waste Management?

14 Wall Street analysts have set twelve-month price targets for Waste Management in the last year. Their average twelve-month price target is $117.07, suggesting a possible upside of 1.5%. Raymond James has the highest price target set, predicting WM will reach $131.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $99.00 for Waste Management in the next year.

What is the current consensus analyst rating for Waste Management?

Waste Management currently has 2 sell ratings, 5 hold ratings and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in WM, but not buy more shares or sell existing shares.

What other companies compete with Waste Management?

Other companies that are similar to Waste Management include Republic Services, Rollins, Tetra Tech, Stericycle, Clean Harbors, Casella Waste Systems, ABM Industries, Covanta, US Ecology, SP Plus, Heritage-Crystal Clean, Team, CECO Environmental, Acorn Energy and (MEA).

How do I contact Waste Management's investor relations team?

Waste Management's physical mailing address is 1001 FANNIN STREET, HOUSTON TX, 77002. The business services provider's listed phone number is 713-512-6200 and its investor relations email address is [email protected] The official website for Waste Management is www.wm.com.

NYSE:WM - Waste Management Stock Price Target and Predictions

Analyst Price Target for WM

Past Monthly Recommendations

Latest Recommendations

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Waste Management?

What is the current price target for Waste Management?

What is the current consensus analyst rating for Waste Management?

What other companies compete with Waste Management?

How do I contact Waste Management's investor relations team?