TheScreener - Covanta Holding Corporation (CVA) For COVANTA HOLDING, the environment deterioration entails a downgrade to Neutral

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EUR 14.27 For Business Accounts Only

For COVANTA HOLDING, the environment deterioration entails a downgrade to Neutral

COVANTA HOLDING (US), a company active in the Waste & Disposal Services industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 3 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date June 8, 2021, the closing price was USD 14.86 and its expected value was estimated at USD 14.65.

09/06/2021 6 EN

Underlying

Covanta Holding Corporation

Covanta Holding is a holding company. Through its subsidiaries, the company is engaged in the businesses of waste and energy services. The company provides waste and energy solutions through a variety of service offerings, including its main business of owning and operating infrastructure for the conversion of waste to energy (known as energy-from-waste or EfW). EfW facilities produce energy through the combustion of non-hazardous municipal solid waste (MSW) in power plants. Most of the company's facilities are mass-burn facilities, which combust the MSW on an as-received basis without any pre-processing such as shredding, sorting or sizing.

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US22282E1029 New York Stock Exchange United States

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TheScreener

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Moody's Investors Service

Moody's announces completion of a periodic review of ratings of Covanta Holding Corporation

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Covanta Holding Corporation. Global Credit Research- 16 Sep 2021. New York, September 16, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Covanta Holding Corporation and other ratings that are associated with the same analytical unit.

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Covanta Holding Corporation: Update to credit analysis

Our credit view of Covanta reflects stable cash flow from waste disposal, revenue and earnings improvement from new initiatives, high leverage, and weak, volatile commodity prices.

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An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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For COVANTA HOLDING, the environment deterioration entails a downgrade to Neutral

Empowering Investors

Moody's announces completion of a periodic review of ratings of Covanta Holding Corporation

Monthly LMI Update Independent Investment Research

Covanta Holding Corporation: Update to credit analysis

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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