Analysts Set Clean Harbors Inc (CLH) Price Target at $73.00

Shares of Clean Harbors Inc (NYSE:CLH) have earned an average recommendation of “Buy” from the ten brokerages that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $73.00.

CLH has been the topic of several recent analyst reports. UBS Group raised Clean Harbors from a “sell” rating to a “neutral” rating in a report on Thursday, January 10th. TheStreet lowered Clean Harbors from a “b-” rating to a “c+” rating in a report on Thursday, December 27th. BMO Capital Markets dropped their target price on Clean Harbors from $78.00 to $76.00 and set an “outperform” rating on the stock in a report on Thursday, November 1st. Oppenheimer reissued a “hold” rating on shares of Clean Harbors in a report on Wednesday, October 31st. Finally, Zacks Investment Research lowered Clean Harbors from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 2nd.

Several institutional investors and hedge funds have recently made changes to their positions in the company. State Board of Administration of Florida Retirement System boosted its stake in shares of Clean Harbors by 0.4% during the fourth quarter. State Board of Administration of Florida Retirement System now owns 71,157 shares of the business services provider’s stock worth $3,512,000 after buying an additional 300 shares during the period. Arizona State Retirement System boosted its stake in shares of Clean Harbors by 0.9% during the fourth quarter. Arizona State Retirement System now owns 36,579 shares of the business services provider’s stock worth $1,805,000 after buying an additional 337 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in shares of Clean Harbors by 1.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 20,445 shares of the business services provider’s stock worth $1,009,000 after buying an additional 352 shares during the period. TIAA CREF Investment Management LLC boosted its stake in shares of Clean Harbors by 0.3% during the third quarter. TIAA CREF Investment Management LLC now owns 135,031 shares of the business services provider’s stock worth $9,666,000 after buying an additional 364 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Clean Harbors by 11.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,773 shares of the business services provider’s stock worth $186,000 after buying an additional 376 shares during the period. Institutional investors and hedge funds own 94.92% of the company’s stock.

NYSE:CLH traded up $0.67 during trading hours on Tuesday, hitting $60.04. The company’s stock had a trading volume of 354,850 shares, compared to its average volume of 510,467. The firm has a market capitalization of $3.36 billion, a PE ratio of 181.94 and a beta of 1.37. The company has a debt-to-equity ratio of 1.35, a current ratio of 2.04 and a quick ratio of 1.70. Clean Harbors has a 52-week low of $44.74 and a 52-week high of $72.50.

About Clean Harbors

Clean Harbors, Inc provides environmental, energy, and industrial services in North America. It operates through Technical Services; Industrial and Field Services; Safety-Kleen; and Oil, Gas and Lodging Services segments. The company's Technical Services segment provides a range of hazardous material management services, including the packaging, collection, transportation, treatment, and disposal of hazardous and non-hazardous waste at its incinerator, landfill, wastewater, and other treatment facilities.

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Analyst Recommendations for Clean Harbors (NYSE:CLH)

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