Passage Bio (NYSE:GFL) has received an average recommendation of “Buy” from the fourteen brokerages that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $23.75.
A number of brokerages have issued reports on GFL. Zacks Investment Research downgraded Passage Bio from a “buy” rating to a “hold” rating in a research note on Monday, June 15th. CIBC upgraded shares of Passage Bio from a “neutral” rating to a “sector outperform” rating in a research report on Tuesday, July 14th. BMO Capital Markets reaffirmed a “buy” rating on shares of Passage Bio in a research note on Monday, June 29th. Raymond James increased their price target on shares of Passage Bio from $19.00 to $23.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Royal Bank of Canada lifted their price target on shares of Passage Bio from $23.00 to $24.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th.
Shares of Passage Bio stock opened at $21.60 on Friday. The business’s 50 day moving average is $19.15. Passage Bio has a 1-year low of $11.92 and a 1-year high of $21.89.
The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Monday, July 20th were given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.19%. The ex-dividend date was Friday, July 17th.
About Passage Bio
GFL Environmental Inc operates as a diversified environmental services company in North America. The company offers non-hazardous solid waste management, infrastructure and soil remediation, and liquid waste management services. Its solid waste management business line includes the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste for municipal, residential, and commercial and industrial customers.
Featured Story: Google Finance Portfolio
Receive News & Ratings for Passage Bio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Passage Bio and related companies with MarketBeat.com's FREE daily email newsletter.