Clean Harbors Inc (CLH) Receives Consensus Recommendation of “Hold” from Analysts
Clean Harbors Inc (NYSE:CLH) has received an average recommendation of “Hold” from the fifteen ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $60.50.
Several research firms recently commented on CLH. Zacks Investment Research raised shares of Clean Harbors from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. KeyCorp reissued a “hold” rating on shares of Clean Harbors in a research note on Wednesday, November 1st. Oppenheimer cut their target price on shares of Clean Harbors from $67.00 to $62.00 and set an “outperform” rating for the company in a research note on Thursday, November 2nd. Raymond James Financial raised shares of Clean Harbors from an “underperform” rating to a “market perform” rating in a research note on Thursday, November 2nd. Finally, UBS Group raised shares of Clean Harbors from an “underperform” rating to a “market perform” rating in a research note on Thursday, November 2nd.
In other Clean Harbors news, EVP Brian P. Weber sold 1,870 shares of the company’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $53.00, for a total value of $99,110.00. Following the transaction, the executive vice president now owns 57,205 shares in the company, valued at approximately $3,031,865. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider David J. Vergo sold 1,097 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $54.00, for a total transaction of $59,238.00. Following the completion of the transaction, the insider now owns 24,156 shares in the company, valued at approximately $1,304,424. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,581 shares of company stock valued at $613,418. 8.90% of the stock is owned by insiders.
Clean Harbors (NYSE:CLH) traded down $0.90 during trading on Monday, hitting $54.58. 354,500 shares of the stock traded hands, compared to its average volume of 323,800. The company has a quick ratio of 1.86, a current ratio of 2.19 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $3,107.43, a PE ratio of 779.83 and a beta of 1.02. Clean Harbors has a twelve month low of $49.63 and a twelve month high of $61.62.
COPYRIGHT VIOLATION WARNING: “Clean Harbors Inc (CLH) Receives Consensus Recommendation of “Hold” from Analysts” was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and international trademark and copyright legislation. The original version of this story can be accessed at https://www.americanbankingnews.com/2018/01/08/clean-harbors-inc-clh-receives-consensus-recommendation-of-hold-from-analysts.html.
Clean Harbors Company Profile
Clean Harbors, Inc is a provider of environmental, energy and industrial services throughout North America. The Company is also a re-refiner and recycler of used oil in the world and a provider of parts cleaning and related environmental services to commercial, industrial and automotive customers in North America.
Receive News & Ratings for Clean Harbors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clean Harbors and related companies with MarketBeat.com's FREE daily email newsletter.