The Globe and Mail reports in its Friday, June 27, edition that Stifel analyst Ian Gillies has reaffirmed his "buy" recommendation for Secure Waste Infrastructure. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gillies trimmed his share target by a loonie to $17. Analysts on average target the shares at $17.20. Mr. Gillies says in a note: "We visited Secure Waste Infrastructure's metals recycling and waste processing facilities in Edmonton, Alberta on June 17, 2025, and came away impressed by the quality and efficiency of the assets. Volatility in the macro environment year-to-date has caused Secure Waste Infrastructure headwinds which leads to us modestly reducing 2025E EBITDA by 1.5 per cent to $505-million. Nonetheless, the company is forecast to deliver a healthy 24-26 EPS CAGR [compound annual growth rate] of 13 per cent. We believe there is upside to 2026E estimates from additional NCIB activity and acquisitions. We continue to like Secure Waste Infrastructure's assets and view the cash flow profile as more defensive than previous cycles." The Globe reported on May 30 that Mr. Gillies rated Secure Waste Infrastructure "buy" in new coverage. The shares could then be had for $15.32.
© 2026 Canjex Publishing Ltd. All rights reserved.