Oppenheimer Reiterates Buy Rating for Clean Harbors (CLH)
Clean Harbors (NYSE:CLH)‘s stock had its “buy” rating restated by equities research analysts at Oppenheimer in a research note issued to investors on Monday, AnalystRatingsNetwork reports. They currently have a $64.00 price target on the stock. Oppenheimer’s price objective would suggest a potential upside of 11.46% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital raised their price target on shares of Clean Harbors (NYSE:CLH) from $65.00 to $70.00 in a research note to investors on Sunday. They now have a “top pick” rating on the stock. Separately, analysts at Wedbush reiterated a “buy” rating on shares of Clean Harbors (NYSE:CLH) in a research note to investors on Friday, September 13th. They now have a $65.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Clean Harbors (NYSE:CLH) from a “neutral” rating to an “underperform” rating in a research note to investors on Monday, August 12th. They now have a $52.00 price target on the stock.
One research analyst has rated the stock with a sell rating, one has assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $64.78.
Clean Harbors (NYSE:CLH) opened at 57.42 on Monday. Clean Harbors has a 52 week low of $46.94 and a 52 week high of $61.72. The stock’s 50-day moving average is $56.0 and its 200-day moving average is $55.74. The company has a market cap of $3.480 billion and a P/E ratio of 30.79.
Clean Harbors (NYSE:CLH) last released its earnings data on Wednesday, August 7th. The company reported $0.38 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.58 by $0.20. The company had revenue of $860.50 million for the quarter, compared to the consensus estimate of $884.41 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 64.5% on a year-over-year basis. Analysts expect that Clean Harbors will post $2.12 EPS for the current fiscal year.
Clean Harbors, Inc (NYSE:CLH) is a provider of environmental, energy and industrial services throughout North America.
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