Clean Harbors Lowered to Neutral at Boenning Scattergood (CLH)
Clean Harbors (NYSE:CLH) was downgraded by Boenning Scattergood from an “outperform” rating to a “neutral” rating in a research note issued on Thursday, TheFlyOnTheWall.com reports.
A number of other analysts have also recently weighed in on CLH. Analysts at RBC Capital raised their price target on shares of Clean Harbors from $58.00 to $67.00 in a research note on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at Raymond James downgraded shares of Clean Harbors from a “strong-buy” rating to an “outperform” rating in a research note on Tuesday. Finally, analysts at Wunderlich raised their price target on shares of Clean Harbors from $60.00 to $72.00 in a research note on Tuesday. They now have a “buy” rating on the stock. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $59.41.
Shares of Clean Harbors (NYSE:CLH) traded down 0.79% on Thursday, hitting $60.23. The stock had a trading volume of 299,602 shares. Clean Harbors has a 1-year low of $44.95 and a 1-year high of $64.12. The stock’s 50-day moving average is $55.90 and its 200-day moving average is $55.80. The company has a market cap of $3.657 billion and a P/E ratio of 38.67.
Clean Harbors (NYSE:CLH) last released its earnings data on Wednesday, May 7th. The company reported $0.15 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.14 by $0.01. The company had revenue of $846.70 million for the quarter, compared to the consensus estimate of $833.05 million. During the same quarter last year, the company posted $0.17 earnings per share. Clean Harbors’s revenue was down 1.8% compared to the same quarter last year. On average, analysts predict that Clean Harbors will post $1.79 earnings per share 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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