Advanced Disposal Services Inc (ADSW) Receives $27.67 Average Target Price from Analysts

Advanced Disposal Services Inc (NYSE:ADSW) has been assigned an average rating of “Buy” from the ten research firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $27.67.

A number of equities research analysts have weighed in on ADSW shares. Zacks Investment Research raised Advanced Disposal Services from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a report on Monday, January 7th. TheStreet upgraded Advanced Disposal Services from a “d” rating to a “b-” rating in a research note on Wednesday, November 14th. Morgan Stanley set a $26.00 price target on Advanced Disposal Services and gave the company a “hold” rating in a research note on Friday, November 2nd. Credit Suisse Group increased their price target on Advanced Disposal Services from $26.00 to $29.00 and gave the company an “outperform” rating in a research note on Thursday, November 8th. Finally, Bank of America cut Advanced Disposal Services from a “neutral” rating to an “underperform” rating and set a $27.00 price target for the company. in a research note on Tuesday.

Shares of Advanced Disposal Services stock traded up $0.57 on Wednesday, hitting $27.57. The stock had a trading volume of 611,100 shares, compared to its average volume of 373,053. Advanced Disposal Services has a twelve month low of $21.50 and a twelve month high of $27.93. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 2.02. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of 58.66, a PEG ratio of 3.09 and a beta of 0.71.

A number of large investors have recently made changes to their positions in ADSW. FMR LLC raised its position in Advanced Disposal Services by 6.3% during the 2nd quarter. FMR LLC now owns 7,045,994 shares of the company’s stock worth $174,600,000 after purchasing an additional 415,573 shares during the last quarter. California Public Employees Retirement System bought a new position in Advanced Disposal Services during the 2nd quarter worth $477,000. Bank of New York Mellon Corp raised its position in Advanced Disposal Services by 47.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 231,080 shares of the company’s stock worth $5,726,000 after purchasing an additional 74,657 shares during the last quarter. Northern Trust Corp raised its position in Advanced Disposal Services by 36.8% during the 2nd quarter. Northern Trust Corp now owns 789,414 shares of the company’s stock worth $19,562,000 after purchasing an additional 212,542 shares during the last quarter. Finally, United Services Automobile Association raised its position in Advanced Disposal Services by 17.1% during the 2nd quarter. United Services Automobile Association now owns 157,822 shares of the company’s stock worth $3,911,000 after purchasing an additional 23,000 shares during the last quarter. 98.48% of the stock is owned by institutional investors and hedge funds.

Advanced Disposal Services Company Profile

Advanced Disposal Services, Inc provides non-hazardous solid waste collection, transfer, recycling, and disposal services. It is involved in the curbside collection of residential refuse from small carts or containers into collection vehicles for transport to a disposal/recycling site. The company also supplies commercial and industrial customers with waste containers; rents or sells compactors to large waste generators; and provides roll-off containers, as well as waste collection, transportation, and disposal services to construction and demolition sites.

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Analyst Recommendations for Advanced Disposal Services (NYSE:ADSW)

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