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Zacks Investment Research downgraded Waste Management, Inc. (NYSE:WM) to Hold in a report released today.

Just yesterday Waste Management, Inc. (NYSE:WM) traded 0.21% higher at $73.81. Waste Management, Inc.’s 50-day moving average is $76.10 and its 200-day moving average is $73.85. The last closing price is down 5.62% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 2,335,827 shares of WM traded hands, up from an average trading volume of 1,606,340

Zacks Investment Research has downgraded Waste Management, Inc. (NYSE:WM) to Hold in a report released on Wednesday June 21, 2017.

Recent Performance Chart

Waste Management, Inc. (NYSE:WM)

Waste Management, Inc. has 52 week low of $61.08 and a 52 week high of $78.39 with a PE ratio of 26.71 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its target price, a total of 11 brokers have issued a report on the stock. The consensus target price is $62.73 with 3 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 8 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Waste Management, Inc. (NYSE:WM)

Waste Management, Inc. (WM) is a holding company. The Company, through its subsidiaries, is a provider of waste management environmental services. The Company's segments include Solid Waste and Other. The Company's Solid Waste segment includes its solid waste business. The Other segment includes its Strategic Business Solutions (WMSBS) organization; its landfill gas-to-energy operations and third-party subcontract and administration services managed by its Energy and Environmental Services and WM Renewable Energy organizations; its recycling brokerage services, and its service offerings and solutions, such as portable self-storage and long distance moving services, fluorescent lamp recycling and interests it holds in oil and gas producing properties. As of December 31, 2016, the Company owned or operated 243 solid waste landfills and five secure hazardous waste landfills. Its recycling brokerage services involve managing the marketing of recyclable materials for third parties.

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