Raymond James Raises Iesi-Bfc Ltd to Strong-Buy (BIN)

By admin | 6 years ago

Iesi-Bfc Ltd (NYSE: BIN) was upgraded by analysts at Raymond James (NYSE: RJF) from an “outperform” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday.

A number of other firms have also recently commented on BIN. Analysts at BMO Capital Markets downgraded shares of Iesi-Bfc Ltd from an “outperform” rating to a “market perform” rating in a research note to investors on Monday, April 30th. They now have a $24.00 price target on the stock. Separately, analysts at Scotia Capital downgraded shares of Iesi-Bfc Ltd from an “outperform” rating to a “sector perform” rating in a research note to investors on Monday, April 30th.

Iesi-Bfc Ltd traded up 2.28% on Monday, hitting $20.19. Iesi-Bfc Ltd has a 52-week low of $18.35 and a 52-week high of $25.48. The company’s market cap is $2.346 billion.

Iesi-Bfc Ltd last posted its quarterly earnings results on Friday, April 27th. The company reported $0.19 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.24 by $0.05. The company’s quarterly revenue was up 3.6% on a year-over-year basis. Analysts expect that Iesi-Bfc Ltd will post $0.33 EPS next quarter.

IESI-BFC Ltd., formerly BFI Canada Ltd., is a waste management company. The Company provides non-hazardous solid waste collection and disposal services to commercial, industrial, municipal and residential customers in 10 states and the District of Columbia in the United States and five provinces in Canada.

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