Analyse Waste Management stock

Plausibly confirmed.
Current price: 201.37 EUR, the consensus price target of 224.99 EUR only implies around +11.7% potential and is therefore clearly within the permissible range of +/-25%.

Quantitative: The P/E ratio of 28.22 is high for a defensive quality value, but still justifiable in the context of stable cash flows, high visibility and a structurally resilient waste disposal business. Compared to the 52-week high of 216.87 EUR, the target only requires a moderate breakout; Historically, this is plausible for Waste Management given further EPS and FCF growth. The market capitalization of 81.5 billion EUR s...